UnitedHealth(US:UNH) Prnewswire·2024-07-02 16:00Core Viewpoint - A class action lawsuit has been filed against UnitedHealth Group for alleged violations of securities laws, specifically related to misleading statements about its anti-competitive practices and data security measures [1][2]. Group 1: Lawsuit Details - The lawsuit pertains to investors who purchased UnitedHealth securities between March 14, 2022, and February 27, 2024 [1]. - The class has not yet been certified, meaning potential participants are not yet represented by an attorney [2]. - Investors are encouraged to contact the Schall Law Firm to discuss their rights and potential participation in the lawsuit [1][3]. Group 2: Allegations Against UnitedHealth - The complaint alleges that UnitedHealth made false and misleading statements regarding its commitment to avoiding anti-competitive behavior [2]. - The company claimed to have implemented "robust firewall processes" and invested significant resources in safeguarding customer sensitive information [2]. - The public statements made by UnitedHealth are described as materially misleading, leading to investor damages when the truth was revealed [2].