|[June 13, 2014]
SHAREHOLDER ALERT: Investigation on Behalf of Universal American Corp. Investors Announced by Law Offices of Howard G. Smith
BENSALEM, Pa. --(Business Wire)--
Offices of Howard G. Smith announces that it is investigating
potential claims on behalf of investors of Universal American Corp.
("UAM" or the "Company") (NYSE:UAM). The investigation concerns possible
violations of federal securities laws and focuses on certain statements
issued by UAM between February 16, 2012 and November 7, 2013, concerning
the Company's business, operations and financial prospects.
UAM is specialty health and life insurance holding company, which
provides health insurance and managed care products and services to
Medicare and Medicaid recipients in the United States. The investigation
is related to UAM's November 7, 2013, announcement of the Company's
financial results for the quarter ended September 30, 2013. For third
quarter 2013 the Company reported, among other things, a $7 million
adjusted net loss for the quarter, or $0.08 per share.
If you purchased UAM securities between February 16, 2012 and November
7, 2013, if you have information or would like to learn more about these
claims, or if you have any questions concerning this announcement or
your rights or interests with respect to these matters, please contact
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, or by email to firstname.lastname@example.org,
or visit our website at www.howardsmithlaw.com.
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