BENSALEM, Pa., April 7, 2008 Law Offices of Howard G.Smith announces that it is investigating claims against WellPoint, Inc.("WellPoint" or the "Company")(NYSE: WLP) concerning whether the WellPointRetirement Savings Plan (the "Plan") imprudently invested in WellPoint stockand whether the Plan's administrators breached their fiduciary duties to thePlan's participants in violation of the Employee Retirement Income SecurityAct of 1974.
The investigation concerns whether WellPoint and other administrators ofthe Plan failed to prudently and loyally manage the Plan's investments inWellPoint, Inc. stock by continuing to offer Company stock when the stock wasno longer a prudent investment for participants' retirement savings.
If you are a current or former employee who participated in, or continuesto participate in, the WellPoint Retirement Savings Plan and have informationor would like to learn more about these claims, please contact Howard G.Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll-Free at(888) 638-4847, or by email to [email protected]
If you wish to discuss this action or have any questions concerning thisNotice or your rights or interests with respect to these matters, pleasecontact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith,3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at(215) 638-4847, Toll-Free at (888) 638-4847, by email [email protected]
SOURCE Law Offices of Howard G. Smith