A well-known conjecture of Richard Stanley posits that the $h$-vector of the independence complex of a matroid is a pure ${mathcal O}$-sequence. The conjecture has been established for various classes but is open for graphic matroids. A biconed graph is a graph with two specified `coning vertices, such that every vertex of the graph is connected to at least one coning vertex. The class of biconed graphs includes coned graphs, Ferrers graphs, and complete multipartite graphs. We study the $h$-vectors of graphic matroids arising from biconed graphs, providing a combinatorial interpretation of their entries in terms of `edge-rooted forests of the underlying graph. This generalizes constructions of Kook and Lee who studied the Mobius coinvariant (the last nonzero entry of the $h$-vector) of graphic matroids of complete bipartite graphs. We show that allowing for partially edge-rooted forests gives rise to a pure multicomplex whose face count recovers the $h$-vector, establishing Stanleys conjecture for this class of matroids.
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