Judge sentences former WellCare top lawyer on false statements charge

A federal judge in Tampa has sentenced the former general counsel of WellCare Health Plans Inc. to six months in prison for making a false statement to the Florida Medicaid program. Thaddeus Bereday pleaded guilty in June, closing a chapter in a case that transformed WellCare (NYSE: WCG), the third-largest publicly traded company headquartered in Tampa Bay. Bereday was one of five former WellCare executives indicted in 2011, in what federal prosecutors said was a scheme to s ubmit inflated cost…
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