Haeggquist & Eck Investigates Anthem Directors and Officers for Breach of Fiduciary Duty Regarding Failed Cigna Merger
Anthem, Inc. (ANTM)
Last anthem, inc. earnings: 4/29 06:00 am
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US:NYSE Investor Relations:
ir.antheminc.com
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Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)-- Haeggquist & Eck, LLP, a leading shareholder rights litigation firm, is investigating whether certain directors and officers of Anthem, Inc. (“Anthem” or the “Company”) (NYSE: ANTM) breached their fiduciary duties to the Company and its shareholders. Specifically, our investigation focuses on Anthem’s failed $54 billion attempted merger with Cigna and whether Anthem’s officers and directors misled investors and the DOJ when they stated publicly that the merger would lead to improved efficiencies and reduce health care costs. Internal Anthem documents – which came out during the antitrust trial in the case – show that Anthem never had any plan to reduce health care costs post-merger and instead planned to raise costs and touted the increased profits the company would reap once the merger closed. We are also investigating whether Anthem’s directors and officers misled
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