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UAM > SEC Filings for UAM > Form 8-K on 23-Oct-2013All Recent SEC Filings

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Form 8-K for UNIVERSAL AMERICAN CORP.


23-Oct-2013

Other Events


Item 8.01. Other Events.

On October 22, 2013 Universal American Corp. issued a press release announcing that it filed a lawsuit in the United States District Court for the District of Delaware against funds affiliated with the private equity firm GTCR, David Katz, a managing director of GTCR, and former senior management of APS Healthcare (Gregory Scott, Jerome Vacarro and John McDonough). The lawsuit, which alleges securities fraud, multiple material breaches of contract and common law fraud, seeks substantial damages, including punitive damages. The lawsuit arises out of Universal American's acquisition of APS Healthcare from GTCR in March 2012. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

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