Core Viewpoint - A lawsuit has been filed against UnitedHealth Group Incorporated (NYSE: UNH) by an investor, alleging violations of securities laws and seeking to recover losses for certain investors who purchased shares prior to March 2022 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that from March 14, 2022, to February 27, 2024, UnitedHealth Group assured investors that it had implemented measures to prevent anti-competitive behavior, including robust firewall processes to protect customer sensitive information (CSI) [2]. - Allegations include that UnitedHealth Group misrepresented its data security policies, leading to artificially inflated stock prices during the specified period [2]. Group 2: Investor Information - Investors who purchased shares of UnitedHealth Group prior to March 2022 and continue to hold them are encouraged to contact the Shareholders Foundation for potential options [1][3].

LOS ANGELES, July 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against UnitedHealth Group Incorporated ("UnitedHealth" or "the Company") (NYSE: UNH) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 14, 2022 and February 27, 2024, inclusive (the " ...

Group 1 - The Gross Law Firm has issued a notice to shareholders of UnitedHealth Group Inc. regarding a class action lawsuit related to false statements and the lack of proper firewalls between its businesses, Optum and UnitedHealthcare [1][2] - The class period for the allegations spans from March 14, 2022, to February 27, 2024, during which shareholders are encouraged to register for potential recovery [2][3] - The deadline for shareholders to seek lead plaintiff status is July 15, 2024, and there is no cost or obligation to participate in the case [3] Group 2 - The allegations state that UnitedHealth Group failed to establish the required technological separation between its complementary businesses, leading to the sharing of sensitive customer information [2] - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions that inflated the company's stock [4]

Core Insights - The surge in cyberattacks highlights the increasing relevance of investing in cybersecurity stocks, particularly following significant breaches like that of UnitedHealth [1][2] - Major cybersecurity firms are expected to benefit from the heightened demand for robust security solutions, driven by recent high-profile incidents [2] Company Summaries Okta (OKTA) - Okta specializes in cloud software for user authentication, addressing 80% of data breaches related to compromised identities [3] - The company has consistently beaten earnings estimates for 16 consecutive quarters, with Q1 2025 sales growing 19.1% year-over-year to $617 million and EPS of 65 cents exceeding estimates by 10 cents [3][4] - Projected operating margins for Q2 are between 19% and 20%, with a 12% annual sales increase expected for the fiscal year; Okta has a strong net cash position of $1.2 billion [4] Fortinet (FTNT) - Fortinet is a leading player in cybersecurity, focusing on Network Security, Secure Access Service Edge (SASE), and Security Operations, with a strong position in firewall technology [6] - The company has increased free cash flows by over 22% in the past five years, with stock value rising over 289% and 21% in the last three years [6] - Expected revenue for 2023 is $5.80 billion, a 9.4% increase from the previous year, with projections of $6.55 billion in 2025 [6] Cloudflare (NET) - Cloudflare utilizes advanced AI and machine learning for real-time threat detection, positioning itself for long-term growth as businesses migrate to cloud infrastructures [7] - Q1 revenue increased by 30% year-over-year to $378.6 million, with non-GAAP EPS of 16 cents beating estimates by 3 cents; the company has consistently met or exceeded earnings expectations since Q3 2019 [7][8] - Projected Q2 revenue is between $393.5 million and $394.5 million, with analysts expecting an 11% upside in NET stock, rating it as a Moderate Buy [8]

UnitedHealth Group Incorporated (UNH) and Amedisys, Inc.'s (AMED) $3.3 billion merger is set to close in the second half of 2024, with Amedisys becoming a wholly-owned subsidiary of UnitedHealth. Both companies are divesting certain care centers to VitalCaring Group's affiliate VCG Luna, to satisfy federal antitrust regulators. This move, announced recently by Amedisys in a filing with the U.S. Securities & Exchange Commission, is expected to streamline the merger process and maintain compliance with regula ...

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of UnitedHealth Group Inc. (NYSE: UNH) between March 14, 2022 and February 27, 2024, both dates inclusive (the "Class Period"), of the important July 15, 2024 lead plaintiff deadline. SO WHAT: If you purchased UnitedHealth common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arra ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of UnitedHealth Group Inc. regarding a class action lawsuit alleging that the company failed to establish proper firewalls between its businesses, Optum and UnitedHealthcare, leading to the sharing of sensitive customer information [1][2]. Group 1: Allegations and Class Action Details - The class period for the allegations is from March 14, 2022, to February 27, 2024 [1]. - The complaint claims that UnitedHealth Group made false statements and concealed the lack of proper technological separation between Optum and UnitedHealthcare, contrary to its own policies and assurances given to the court and investors [1]. - Shareholders are encouraged to register for the class action by July 15, 2024, to potentially become lead plaintiffs and participate in the recovery process [2]. Group 2: Firm's Commitment and Contact Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3]. - Contact information for the Gross Law Firm is provided for shareholders wishing to inquire further about the case [3].

SAN DIEGO, June 27, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired UnitedHealth Group, Inc. (NYSE: UNH) common stock between March 14, 2022 and February 27, 2024. UnitedHealth is a health care and well-being company comprised of two distinct and complementary businesses: Optum and UnitedHealthcare. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at ( ...

Shares of the major healthcare plan provider UnitedHealth Group Incorporated (UNH) have slipped 8% in the year-to-date period, underperforming the industry’s decline of 5.7% due to multiple uncertainties arising from the business environment, cyberattacks, regulatory probes and other factors. In contrast, the S&P 500 index has experienced a robust gain of 14.6% over the same period, highlighting the stark divergence in performance. The stock is down 12.7% at this point from its 52-week high of $554.70.Image ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In UnitedHealth To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 investing in UnitedHealth stock or options between March 14, 2022 and February 27, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional informat ...