NEW YORK, March 31, 2016 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of Cigna Corp. ("Cigna" or the "Company") (NYSE: CI) concerning possible violations of federal securities laws by certain officers and directors.
The investigation concerns the Company's January 22, 2016, disclosure that it had received an enforcement letter from the Department of Health & Human Services Centers for Medicare & Medicare Services ("CMS"), citing noncompliant appeals and grievances procedures within the Company dating back to at least 2013. In addition, CMS has imposed sanctions on the Company by suspending the enrollment of and marketing to new customers of all Cigna Medicare Advantage and Standalone Prescription Drug Plan Contracts. To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP