Anthem office in Richmond, Virginia. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL
Eleven states and the District of Columbia will receive nearly $3 million in legal fees as part of an agreement following antitrust litigation that successfully blocked the proposed $54 billion merger of Anthem Inc. and Cigna Corp.
California, Connecticut, New York, Georgia and the District of Columbia were among the states that challenged the proposed tie-up in Washington federal district court. The settlement agreement says the $2.975 million payment for fees and costs will be paid to the state of Maryland, which “will be responsible for disbursing the funds to the other plaintiff states as they may agree among themselves.”
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Cheryl Miller
Cheryl Miller, based in Sacramento, covers the state legislature and emerging industries, including autonomous vehicles and marijuana. She authors the weekly cannabis newsletter Higher Law. Contact her at [email protected]. On Twitter: @CapitalAccounts
