Former iSoft execs appear in court
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Four former executives of healthcare software company iSoft appeared in City of Westminster magistrates court on Friday, charged by the Financial Services Authority with conspiracy.
The men, including former CEO Timothy Whiston and former chairman Patrick Cryne, are alleged to have conspired to make misleading statements to the stock market, and were first charged back in January. The four have been unconditionally bailed, and are due to appear at Southwark Crown Court on 5 February.
iSoft was taken over in October 2007 by Australian company IBA Group, which renamed the firm iSOFT Group Limited, and is not implicated in the current investigation or the forthcoming court case.
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