THE LAWSUIT: A class action securities lawsuit was filed against UnitedHealth Group Inc. (UNH) that seeks to recover losses of UnitedHealth shareholders who were adversely affected by alleged securities fraud between March 14, 2022 and February 27, 2024
CASE DETAILS: According to the filed complaint, defendants made false statements and/or concealed that: In truth, UnitedHealth never established proper firewalls between it’s complementary businesses, Optum and UnitedHealthcare as required by its own policy, and as it told the court in the antitrust action, the DOJ and investors it would do. Firewalls were never properly created for certain business applications. Despite assurances to the contrary, there was never a meaningful technological separation between Optum and UnitedHealthcare that prevented the sharing of customer sensitive information.
WHAT’S NEXT? If you suffered a loss in UnitedHealth stock during the relevant time frame – even if you still hold your shares – go to https://zlk.com/pslra-1/unitedhealth-group-inc-lawsuit-submission-form?wire=18 to learn about your rights to seek a recovery. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
