ATB USA, massman,
I would find a 40 day (post arrival at the retailer) 80% mortality rate on these tiny hepatus as totally within the realm of possibility. You see that all the time with tiny green chromis.
There is a group of fish that I term "grade B SE Asian" - basically, fish that are smaller than normal for the trade, coming out of Jakarta, Cebu or Manila. Often having a high percentage of "junk" fish that nobody wants; cleaner wrasse, tiny ocellaris clowns, green chromis, clown sweetlips, 1.5" bicolor angels, etc.
I think most folks in the trade have seen shipments like these. I've been working hard to avoid them since 1982, and for the most part I've been successful. Still, some stores use these sorts of fish as their primary stock!
In one study back in the 1980's, I found that 31% of a group of 450 Philippine fish died within 30 days of importation, and this did not include losses prior to their arrival in the United States.
More recently, (2006) I tracked a group of 100 "grade B" fish for 40 days after their importation. I can't locate the exact numbers right now, put the mortality rate for that time frame was over 40% - and no losses were attributable to common epizootics, Cryptocaryon, etc. Chalk it up to poor handling and cyanide.
Jay