NEW YORK, July 26, 2018
NEW YORK, July 26, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Cigna Corporation ("Cigna" or the "Company") (NYSE: CI) relating to the merger of the Company with Express Scripts Holding Company ("Express Scripts") (NasdaqGS: ESRX). As a result of the merger, Cigna will pay Express Scripts shareholders $48.75 in cash and 0.2434 of a share of the newly combined company for each Express Scripts share they own, representing consideration of $96.03 per share.
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The investigation focuses on whether Cigna and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction overvalues Express Scripts, and 3) whether all material financial information is adequately disclosed in connection with the shareholder vote scheduled for August 24, 2018.
Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017 Top Rated Lawyer.
If you own common stock in Cigna and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (212) 971-1341.
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
Tel: (212) 971-1341
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