CIGNA AND ANTHEM TRADE CHARGES OF SABOTAGE

In light of the injunction against the merger between CIGNA and Anthem, each company is blaming the other for failure to obtain regulatory approval for the merger.  A vicious legal battle has ensued with CIGNA accusing Anthem of undermining its business by stealing confidential information and soliciting its customers; while Anthem has countered in a rival filing that CIGNA worked to sabotage the companies' proposed merger after its executives were not promised the positions they wanted in the merged company.

The HartfordBusiness.com article discussing the charges can be found here.