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home / articles / UNH - DEADLINE ALERT for UNH MRNS and SMG: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders | Benzinga


UNH - DEADLINE ALERT for UNH MRNS and SMG: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders | Benzinga

  • LOS ANGELES, July 15, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

    Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com.

    UnitedHealth Group Incorporated (NYSE:UNH)
    Class Period: March 14, 2022 – February 27, 2024
    Lead Plaintiff Deadline: July 15, 2024

    The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) UnitedHealth never established proper firewalls between Optum and UnitedHealthcare as required by its own policy, and as it told the court in the antitrust action, the DOJ and investors it would do; (2) Firewalls were never properly created for certain business applications; (3) Despite assurances to the contrary, there was never a meaningful technological separation between Optum and UnitedHealthcare that prevented the sharing of customer sensitive information; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: UnitedHealth Group Incorporated
    Stock Symbol: UNH
    Market: NYSE
    Website: unitedhealthgroup.com

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