A federal jury has convicted two former leaders of Medical Manager Health Systems, a physician software vendor that now is part of Sage Healthcare in Tampa, of fraud.
John Kang, former president of Medical Manager; and John Sessions, former vice president and COO, were convicted of conspiracy to commit mail, wire and securities fraud. They were charged with and found guilty of participating in a conspiracy to fraudulently inflate reported earnings by more than $16.8 million between 1997 and 2003, according to the U.S. Department of Justice. Kang and Sessions face maximum sentences of five years in prison and a fine of $250,000, or twice the amount of the related gain or loss resulting from the conduct.
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