Coventry Health Care, Inc. 401(k)/ERISA Investigation

SFMS Law is investigating claims that actions by Coventry Health Care has allegedly damaged 401k funds held by employees.

Summary of Investigation: Shepherd, Finkelman, Miller & Shah, LLP is investigating claims that employees and other participants in the 401(k) retirement plan and/or other investment or profit sharing retirement plans of Coventry Health Care, Inc. (NYSE: CVH) may have been damaged by certain actions relating to under-pricing strategies employed by Coventry in connection with Coventry’s new Medicare Private-Fee-For-Service initiative. If you have suffered from Coventry 401(k) plan losses, you may qualify for damages or remedies that may be awarded in a potential Coventry ERISA class action lawsuit. If you are a current or former employee or are a member of any of the Coventry investment plans or profit sharing retirement plans, you may have claims under the Employee Retirement Income Security Act (“ERISA”). ERISA is a federal law that sets minimum standards for pension and health plans set up by private businesses. ERISA was designed to protect people who participate in employee benefit plans, including employees who receive stock as matching contributions in their retirement plans and employees with stock options in a company. Stock options are a form of compensation in which employees are given the opportunity to purchase shares of the company stock at a certain price.  
 
If you purchased or held Coventry stock in a retirement plan between February 9, 2007 and October 22, 2008 or received Coventry stock options during this period, and would like to learn more, please fill out the form below.

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Status: Under Investigation

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