Embattled WellCare Agrees to Settle Securities Class Action in Deal Valued at $200 Million

The AmLaw Litigation Daily
August 9, 2010

Thomas A. Dubbs commented on the $200 million settlement in the securities class action litigation against WellCare Health Plans

"We are pleased with the settlement, which gives the company some breathing room, but is also an excellent recovery consisting of over 20 percent of the capitalization of the company," said Dubbs.