June 24 (Reuters) - WellCare Health Plans Inc:
* Says reached a preliminary agreement with civil division of U.S. Department
of Justice - filing
* Says upon execution of settlement agreement, the company would pay civil
division total of $137.5 million
* Settlement agreement will result in an additional pre-tax expense of $54.6
million for quarter ended June 30, 2010
* Says expects to record the total settlement amount as of June 30, 2010
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* Says reached a preliminary agreement with civil division of U.S. Department
of Justice - filing
* Says upon execution of settlement agreement, the company would pay civil
division total of $137.5 million
* Settlement agreement will result in an additional pre-tax expense of $54.6
million for quarter ended June 30, 2010
* Says expects to record the total settlement amount as of June 30, 2010
((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))
(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.