NYSE: UNH Lawsuit Alert: Investors who lost money with UnitedHealth Group Incorporated (NYSE: UNH) shares should contact the Shareholders Foundation
UnitedHealthUnitedHealth(US:UNH) GlobeNewswire News Room·2024-06-25 11:15

Core Viewpoint - A lawsuit has been filed against UnitedHealth Group Incorporated (NYSE: UNH) by investors alleging violations of securities laws related to misrepresentations about the company's data security practices [2]. Group 1: Lawsuit Details - The lawsuit claims that from March 14, 2022, to February 27, 2024, UnitedHealth Group assured investors it had implemented measures to prevent anticompetitive behavior and protect customer sensitive information (CSI) [2]. - The plaintiff alleges that UnitedHealth Group made statements about "robust firewall processes" and significant investments in safeguarding CSI, which led to the stock trading at artificially inflated 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].