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WellPoint Inc (NYSE:WLP) Investor Investigation Concerning Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of WellPoint Inc (NYSE:WLP), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
WellPoint, Inc
Security
NYSE: WLP

Summary

April 28, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of WellPoint Inc (NYSE:WLP) was initiated concerning whether certain WellPoint officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns whether certain WellPoint officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

WellPoint Inc reported that its annual Total Revenue rose from over $61.49 billion in 2012 to over $71.02 billion in 2013 while its Net Income declined from over $2.65 billion in 2012 to over $2.48 billion in 2013. Shares of WellPoint Inc (NYSE:WLP) grew from $55.04 per share in August 2012 to as high as $101.38 per share in March 2014.

On April 25, 2014, NYSE:WLP shares closed at $96.00 per share.

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