WILMINGTON, Del., March 27, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.:
- Do you own shares of WellCare Health Plans, Inc. (NYSE: WCG)?
- Did you purchase any of your shares prior to March 27, 2019?
- Do you think the proposed merger is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of WellCare Healh Plans, Inc. (“WellCare” or the “Company”) (NYSE: WCG) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Centene Corporation (“Centene”) (NYSE: CNC) in a transaction valued at approximately $17.3 billion. Under the terms of the agreement, shareholders of WellCare will receive 3.38 Centene shares and $120 in cash for each share of WellCare common stock they own.
If you own common stock of WellCare and purchased any shares before March 27, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
Attorney advertising. Prior results do not guarantee a similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com