The health insurer is being investigated by the government, and its stock is getting crushed.
Is it the beginning of the end? The WSJ Health Blog on a company under siege:
The raid was timed to the quarterly meeting of the company’s board of directors, the St. Petersburg Times reports. And several agents made a beeline for the boardroom.
The paper says directors (including CEO Todd Farha) were held in the boardroom for several hours of questioning.