BALA CYNWYD, Pa., Sept. 16, 2009 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith, LLC announces that it is investigating Coventry Health Care, Inc. ("Coventry" or the "Company") (NYSE:CVH) 401(k) defined contribution retirement plans.
The investigation concerns whether fiduciaries of the Coventry 401(k) plan's failure to disclose the Company's true operating condition to participants and beneficiaries of the plan violated the Employee Retirement Income Security Act of 1974 ("ERISA").
If you held Coventry stock in an individual account under any of the Company's 401(K) plans at any time since 2007 and wish to discuss the legal ramifications of the lack of disclosures, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.