Welcome to the WellCare Fair Fund Website
This website has been established to provide general information related to the WellCare Fair Fund, the Fair Fund established in the United States Securities and Exchange Commission ("SEC") Proceedings.
The administration of the Fair Fund is governed by a Distribution Plan (“Plan”) which was approved by the Court on December 21, 2021. A copy of the approved Plan, which contains a description of eligibility and other conditions of participation, can be found on the Case Documents tab.
If you purchased or otherwise acquired WellCare Health Plans, Inc. (“WCG”) common stock listed on a U.S. exchange (“Eligible Securities”) on or after August 11, 2004 through 10:59 a.m. Eastern Standard Time on October 24, 2007, inclusive (“Relevant Period”), and calculate a Recognized Claim per the Plan of Allocation contained in the proposed Plan, you may be entitled to receive payment from the Fair Fund, subject to other provisions of the proposed Plan.
The Fair Fund was established by the Court to distribute monies to investors harmed by Defendants' violations of antifraud provisions of the federal securities laws, the reporting provisions, record keeping and internal control provisions of the Exchange Act.
Approximately $32 million is available for distribution to harmed investors.
The Court has appointed Kurtzman Carson Consultants, LLC (“KCC”) as the Distribution Agent to administer the distribution, including the claims process.
To view the SEC Harmed Investor page, please use the following link:
To read the SEC initial press release, please use the following link:
If you have additional questions after reviewing the information on this website, please contact the Distribution Agent, KCC, through the contact information set forth on the Contact Us tab on this website.