The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of WellCare Health Plans, Inc. (NYSE:WCG) shares was launched over potential breaches of fiduciary duties by certain officers and directors at WellCare Health Plans.
Investors who purchased shares of WellCare Health Plans, Inc. (NYSE:WCG) shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain WellCare Health Plans officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Then on July 24, 2014, after the market closed, WellCare Health Plans, Inc. reported its second quarter 2014 results and updated its financial outlook for the year ending December 31, 2014. Shares of WellCare Health Plans, Inc. (NYSE:WCG) dropped from $77.57 per share on July 24, 2014, to $59.80 per share on July 25, 2014.
On January 5, 2015, NYSE:WCG shares closed at $79.07 per share.
Those who purchased shares of WellCare Health Plans, Inc. (NYSE:WCG), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com