Inside Trading and Legal Battles: Top UnitedHealth Executives Face Allegations Amid DOJ Investigations
MINNEAPOLIS, Minn. — A series of lawsuits implicating insider trading practices at UnitedHealth Group have emerged, with allegations pinpointing the actions of senior executives amid ongoing investigations by the Department of Justice. At the center of these lawsuits, filed between May and August in Minnesota, are Stephen Hemsley, the board chair of UnitedHealth, and Brian Thompson, the former CEO of UnitedHealthcare. The legal action initiated by the City of Hollywood Firefighters Pension Fund claims the executives capitalized on confidential information to benefit personally through the sale of significant amounts of company shares. According to court … Read more