Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Universal American Corp (NYSE: UAM) acted responsibly on behalf of investors’ profitability in the planned sale to WellCare Health Plans Inc (NYSE: WCG).

On November 17, 2016, Universal American Corp (NYSE: UAM) and WellCare Health Plans Inc (NYSE: WCG) announced that they had entered into a merger agreement. Under the terms of the merger agreement, WellCare Health will offer Universal American shareholders $10.00 per share in cash for all outstanding shares.    

Based in White Plains, New York, and founded in 1981 Universal American Corp provides health insurance and managed care products and services to Medicare and Medicaid customers in the United States.

The investigation focuses on whether NYSE: UAM investors received the highest price and whether the directors of Universal American Corp acted in the best interest of Universal American Corp company and its shareholders.  

If you purchased Universal American Corp (NYSE: UAM) prior to November 17, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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