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UnitedHealth sued by shareholders over its reaction to backlash from executive’s killing

UnitedHealth posted a profit of $5.5 billion in the fourth quarter of 2024, exceeding expectations of $6.73 per share.
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This story is a Media Miss by the right as only 6% is from right-leaning media.

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UnitedHealth Group is facing a proposed class-action lawsuit filed by investor Roberto Faller, alleging misleading financial outlook statements after the CEO’s killing. The lawsuit claims UnitedHealth failed to disclose the backlash from the CEO’s death and earlier Senate reports on claim denials.

UnitedHealth’s stock fell over 22% following the April 17 outlook cut, erasing more than $119 billion in market value and causing significant shareholder losses.

UnitedHealth has denied any wrongdoing and promises to vigorously defend against the lawsuit’s claims.

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