Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Friday, July 24, 2015
Faruqi & Faruqi Investigation: Cigna Corp.
Faruqi & Faruqi, LLP Announces the Investigation of Cigna Corp. (CI) Over the Proposed Sale of the Company to Anthem Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Cigna Corp. (“Cigna” or the “Company”) (NYSE:CI) for potential breaches of fiduciary duties in connection with the sale of the Company to Anthem Inc. for approximately $54 billion in a cash and stock deal.
The Company’s stockholders will only receive $188 for each share of Company common stock they own. However, at least one analyst sets the price target for Company shares at $190 per share.
If you own common stock in Cigna Corp and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.