ATLANTA, April 14, 2008 (PRIME NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of the Employee Retirement Income Security Act of 1974 related to the WellPoint Inc. ("WellPoint" or the "Company") (NYSE:WLP) 401(k) Retirement Savings Plan (the "Plan"). The investigation centers on whether WellPoint and the Plan administrators breached their fiduciary duties to Plan participants by, among other things, making imprudent investments in Company stock and otherwise failing to prudently and loyally manage the Plan's investments.
Current and former WellPoint employees that participated in the Plan with questions concerning their legal rights are invited to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.