securities and exchange commission

Rob Crawley / flickr.com/photos/robcrawley/3114271990

The Indiana Public Retirement System is set to go before the U.S. Supreme Court next month, where justices will decide if it can sue a publicly-traded company for alleged securities fraud.

In June of 2011, Science Applications International Corporation – or SAIC – issued a statement to the market detailing how it was under a criminal investigation for a group of employees’ kickback scheme in New York City.

The Indiana public pension fund had bought stock in the company shortly beforehand, and claims that information should’ve been made public much earlier.

Anthem-Cigna Merger Deadline Extended Three Months

Jan 19, 2017
Matthew Hurst / https://www.flickr.com/photos/skewgee/2463077387

In light of the ongoing antitrust trial playing out in Washington, Indianapolis-based health insurer Anthem has extended the deadline to complete a merger with Connecticut-based Cigna until April 30th, according to a form filed this week to the Securities and Exchange Commission.

The merger between the two healthcare giants originally had a deadline of January 31st. However, the agreement left the door open to extending it three more months.