Health Insurer Investors Sue Over $800M Sale To WellCare
By Martin O'Sullivan ( January 27, 2017, 10:24 PM EST) -- Investors in Universal American Corp. on Friday hit the health insurer with a proposed securities class action in Delaware federal court alleging shortcomings in the proxy statement surrounding the company's roughly $800 million acquisition by Medicare and Medicaid plan provider WellCare Health Plans Inc....
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