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16 Sep 2020, 5:53 am
In In re Anthem-Cigna Stockholders Litigation (Aug. 31, 2020), the Delaware Court of Chancery characterized the rise and fall of the proposed merger of equals of Cigna, Inc. and Anthem Corporation as a “corporate soap opera, [with] the members of executive teams at Anthem and Cigna play[ing] themselves [and] [t]heir battle for power span[ing] multiple acts. [read post]
7 Mar 2012, 8:42 am
Cigna Corporation (Cigna) was sued in the Federal Courts of Maryland, Florida, and Pennsylvania by three Plaintiffs for long-term disability benefit violations under the Employee Retirement Income Security Act (ERISA). [read post]
2 Oct 2020, 1:35 pm
Judge Laster ultimately referred to the case as a “corporate soap opera. [read post]
15 Feb 2017, 10:58 am
Anthem [corporate website] filed a lawsuit [press release] on Wednesday in an attempt to block Cigna Corp [corporate website] from terminating their proposed $54 billion deal [merger agreement, PDF]. [read post]
5 Dec 2011, 1:28 am
The Plaintiff, Robert L., was an employee at L-3 Communications Corporation (L-3), which contracted with CIGNA to provide salary continuance disability insurance benefits to its employees. [read post]
6 Sep 2018, 6:18 am
Cigna Corporation, et al., demonstrates the lengths insurance companies will go to avoid paying long term disability benefits. [read post]
17 Oct 2022, 3:04 pm
The United States Monday filed a lawsuit against Cigna Corporation in the US District Court for the Middle District of Tennessee for allegedly providing false patient diagnoses to receive increased Medicare payments in violation of the False Claims Act. [read post]
4 Oct 2023, 7:34 am
In addition to the $172 million payment, Cigna will enter into a five-year Corporate Integrity Agreement (CIA) with the U.S. [read post]
29 Sep 2020, 6:40 am
Travis Laster of the Delaware Chancery Court issued his long-awaited resolution of the prolonged litigation involving the failed merger of Anthem, Inc. and Cigna Corporation—two of the nation’s largest health insurance companies. [read post]
3 Oct 2023, 2:59 pm
“These amendments are urgently needed to ensure that whistleblowers can continue to play their key role in protecting taxpayers from corporate criminals. [read post]
24 Jul 2015, 7:30 am
As you've no doubt heard, Anthem has won this round of Carrier Feeding Frenzy '15:"Earlier today, Anthem Blue Cross and Blue Shield’s parent company announced that it has entered into a definitive agreement with Cigna Corporation, under which our parent company will acquire Cigna in a cash and stock transaction. [read post]
3 Oct 2023, 6:42 am
In connection with the settlement, Cigna entered into a five-year Corporate Integrity Agreement (CIA) with the U.S. [read post]
12 Mar 2019, 3:22 pm
Cigna Corp., No. 17-3484-cv, 2019 U.S. [read post]
13 Oct 2020, 6:00 am
August 31, 2020) This action arose out of a failed merger transaction involving the second and third largest health insurers in the United States, Anthem, Inc. and Cigna Corporation (“the Merger”). [read post]
2 Oct 2023, 4:50 pm
However, Cigna submitted or failed to delete inaccurate and untruthful diagnosis codes for morbid obesity for individuals lacking a BMI of 35 or above, and these codes increased the payments made by CMS.In connection with the settlement, Cigna entered into a five-year Corporate Integrity Agreement (CIA) with the U.S. [read post]
1 Apr 2009, 7:07 am
Our client worked for one of the largest hotel and timeshare corporations in the world as a Director of Sales and was responsible for over $1.5 million in revenue each year for the company. [read post]
16 Oct 2012, 7:19 am
As a Senior Research Manager for a large pharmaceutical corporation, her duties and responsibilities required extremely high level cognitive skills. [read post]
1 Sep 2020, 10:26 am
"In this corporate soap opera, the members of executive teams at Anthem and Cigna played themselves," the court concluded (In re Anthem-Cigna Merger Litigation, August 31, 2020, Laster, J.).The opinion describes several years of merger talks that culminated in a 2015 merger agreement where Anthem agreed to pay over $54 billion to merge with Cigna. [read post]
29 Dec 2014, 5:07 am
The class, comprised of 25,000 CIGNA employees, sued the corporation and its pension plan after CIGNA made changes to the plan in 1998. [read post]
9 Feb 2017, 9:49 am
A judge for the US District Court for the District of Columbia [official website] on Wednesday issued an order to enjoin [press release] the proposed merger of health insurance giant Anthem and Cigna [corporate websites]. [read post]
