SOURCE: Holzer Holzer & Fistel, LLC

March 26, 2008 15:11 ET

Holzer Holzer & Fistel, LLC Announces Shareholder Class Action Has Been Filed Against WellPoint, Inc.

ATLANTA, GA--(Marketwire - March 26, 2008) - A shareholder class action lawsuit has been filed in the United States District Court for the Southern District of Indiana against WellPoint, Inc. ("WellPoint" or the "Company") (NYSE: WLP) and various individuals on behalf of purchasers of the Company's common stock who purchased stock between January 23, 2008 and March 10, 2008 (the "Relevant Period").

The lawsuit alleges the Company violated the Securities Exchange Act of 1934 when it issued false and misleading statements to the public concerning medical costs and medical enrollment levels. The lawsuit also alleges the Company misrepresented its future earnings potential.

Purchasers of WellPoint common stock with questions concerning their legal rights are invited to contact Holzer Holzer & Fistel, LLC and its attorneys Corey D. Holzer, Esq., Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at cholzer@holzerlaw.com, mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.