Gerhardstein & Branch Co. LPA Gerhardstein & Branch Co. LPA

Class Action For Cincinnati Workers And Retirees Unsuccessful.

On March 3, 2010 Federal Judge S. Arthur Spiegel ruled in favor of Anthem and the City and against the class of Cincinnati workers and retirees. He held that when Anthem demutualized in 2001, the $55,000,000 in demutualization proceeds properly belonged to the City and not the workers and retirees. We disagree and we will take steps to reverse this decision. A copy of judge Spiegel’s decision is available here.

We received hundreds of responses to the class notice and we thank all of you who helped by searching for documents, providing documents, and submitting to depositions. If we are able to reverse the decision, class members will be notified and we will post it on this website.