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UnitedHealth's String of Setbacks, From Exec Murder to Cyber Attack
UnitedHealth Group surprises investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and lowers its outlook for the full year due to higher-than-expected medical costs, sparking a more than 20% selloff in shares that reverberated across the sector.
Back As UnitedHealth CEO, Hemsley Says Issues Within ‘Capacity To Resolve’
UnitedHealth Group CEO Stephen Hemsley, returning to run the healthcare giant after Andrew Witty resigned, said he has the right strategy in place “for the era ahead.”
UnitedHealth Places New Bet on Old CEO Who Made It a Giant
A stock slide and investigations will put Stephen Hemsley’s credibility with investors to the test.
BenefitsPRO1d
UnitedHealth faces investor lawsuit over alleged misleading forecasts following CEO death
A group of investors this week filed a proposed class-action lawsuit against UnitedHealth Group, alleging that the company withheld information following the murder of UnitedHealthcare CEO Brian Thompson last December.
Healthcare Dive5d
Shareholders sue UnitedHealth for obfuscating business impacts from Thompson death
The lawsuit, which seeks class action status, alleges that UnitedHealth and its executives didn’t properly warn investors about how the killing of UnitedHealthcare CEO Brian Thompson would affect its business.
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