WellPoint Finds Itself on Wrong End Of CFO Sex Suit

Law360, New York (June 29, 2007, 12:00 AM EDT) -- Despite its best attempts at damage control, Wellpoint Inc. has been dragged into the sex scandal surrounding its former chief financial officer as accusations of negligence against the health insurer begin to fly.

On Thursday, WellPoint found itself one of the targets of a suit filed in Los Angeles Superior Court by ex-employee Sarah Waugh, with ousted head David Colby and his messy romantic life at the center of the storm.

Colby was fired at the end of May from the company for “non-business related violations,”...
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