UNH - DaVita and its former CEO cleared of labor collusion charges
A jury acquitted the Denver, Colorado-based dialysis giant DaVita (NYSE:DVA) and its former Chief Executive Kent Thiry on charges that they conspired with three competitors not to recruit certain employees from each other in violation of federal labor laws. In a first-of-its-kind prosecution, the Justice Department had alleged that DaVita and Thiry agreed with UnitedHealthcare (UNH) owned-Surgical Care Associates, Hazel Health, and Radiology Partners not to hire each other's senior executives and other staff between 2012 and 2019. "The jury affirmed that this case should never have been brought," Thiry said in a statement after Friday's verdict at the Denver federal court. "I want to thank the community that provided so much support through this difficult time." "(We) are grateful to put this matter behind us. We remain committed to operating with integrity and upholding the highest standards of law," DaVita (DVA) said, according to Reuters. Thiry led the company for two decades
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DaVita and its former CEO cleared of labor collusion charges