UnitedHealth Must Face Shareholder Suit by CalPERS, Judge Rules

🇺🇸 Bloomberg (US) —

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A federal judge ruled that UnitedHealth Group must face a narrowed shareholder lawsuit brought by CalPERS. The suit alleges investors were misled about financial transactions that boosted the company’s earnings.

UnitedHealth Group Inc. must defend itself against a slimmed-down lawsuit by a major shareholder that alleges investors were deceived about financial transactions that boosted earnings, a federal judge ruled.

Markets UnitedHealth Group CalPERS shareholder lawsuit earnings investor disclosure federal court

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