NEW YORK, Dec. 30, 2019 /PRNewswire/ -- The law firm of
Squitieri & Fearon, LLP announces it is investigating a
potential class action on behalf of former employees of Aetna, Inc.
(NYSE: AET) who held Aetna stock in the Company's retirement and
pension plans and received CVS stock (NYSE:CVS) for those shares
when CVS acquired Aetna.
Before the November 28, 2018
transaction in which CVS acquired Aetna, certain employees of Aetna
and other participants in the Aetna 401(k) Plan invested through
the Plan in the Aetna Common Stock Fund. When CVS acquired
Aetna, participants in the Plan had their Aetna stock converted to
CVS units. Squitieri & Fearon, LLP is investigating
whether Aetna employees and participants in the Aetna 401(k) Plan
received artificially inflated CVS shares for their Aetna shares in
that transaction. After the transactions those shares lost
significant value.
If you were a participant in the Aetna 401(k) Plan who invested
in the Aetna Common Stock Fund and had your Aetna shares converted
into CVS shares, please visit www.sfclasslaw.com/Aetna/ or
contact Stephen J. Fearon, Jr. at
Squitieri & Fearon, LLP, 32 East 57th Street,
12th Floor, New York, New
York 10022, Telephone (212) 421-6492, email:
stephen@sfclasslaw.com to learn more about your legal rights.
Squitieri & Fearon, LLP pursues large, complex lawsuits,
including class actions, for investors who have lost money on their
investments. The attorneys at Squitieri & Fearon, LLP
have served as lead counsel in large class actions throughout the
country.
Contact:
SQUITIERI & FEARON, LLP
Stephen J. Fearon, Jr.
32 East 57th Street
12th Floor
New York, New York 10022
Telephone: (212) 421-6492
Email: stephen@sfclasslaw.com
Website: www.sfclasslaw.com/Aetna/
Attorney Advertising. Past results do not guarantee future
outcomes.
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SOURCE Squitieri & Fearon, LLP