UnitedHealth sued by shareholders over its reaction to backlash from executive's killing
- A group of shareholders filed a class action lawsuit on April 17, 2025, in Manhattan federal court against UnitedHealth over its reaction to CEO Brian Thompson's December 4, 2024, killing.
- The lawsuit claims UnitedHealth deceived shareholders by maintaining its 2025 financial projections unchanged after CEO Brian Thompson's death and failing to disclose how negative public reaction was adversely affecting the company’s business.
- UnitedHealth initially maintained earnings guidance of $28.15 to $28.65 per share despite growing scrutiny over its aggressive claim denial tactics and the impact of Thompson's murder.
- After revising its 2025 profit forecast down by about 12% on April 17 due to higher Medicare Advantage costs, the company's stock fell over 22%, erasing around $119 billion in market value.
- The lawsuit claims class members suffered significant financial losses from artificially inflated stock prices and seeks unspecified damages along with legal costs in a jury trial.
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UnitedHealth Group sued by investors over ‘misleading’ information on CEO’s murder
The complaint alleges UnitedHealth Group misled investors on how the company was being affected from backlash on UHC CEO Brian Thompson’s death.
·London, United Kingdom
Read Full ArticleUnitedHealth Faces Investor Lawsuit After CEO's Killing
UnitedHealth Group is facing a proposed class-action lawsuit from an investor who alleges the company was misleading about its financial outlook following the December killing of CEO Brian Thompson, reports CBS News . The suit, filed Wednesday by investor Roberto Faller in the Southern District of New York, claims UnitedHealth failed...
·Miami, United States
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