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Largest U.S. pension fund claims UnitedHealth cheated investors by concealing Medicare Advantage scheme

Summary by STAT
The largest U.S. pension fund Wednesday cited STAT reporting in an amended lawsuit over the health care conglomerate's Medicare Advantage business.

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Lawsuit alleges securities fraud, profit-boosting scheme at UnitedHealth Group

A massive pension plan in California alleges UnitedHealth Group has engaged in a wrongful profit-making scheme through its Medicare Advantage business that wasn’t disclosed, allowing top executives to reap millions in stock trades based on nonpublic information, according to an amended lawsuit filed in Minnesota this month. The Eden Prairie-based health care giant blasted the complaint, saying in a legal filing that it substitutes page volume fo…

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Largest U.S. pension fund claims UnitedHealth cheated investors by concealing Medicare Advantage scheme

The largest U.S. pension fund Wednesday cited STAT reporting in an amended lawsuit over the health care conglomerate's Medicare Advantage business.

·Boston, United States
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  • 50% of the sources are Center, 50% of the sources lean Right
50% Right
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STAT broke the news in Boston, United States on Wednesday, March 26, 2025.
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