Core Viewpoint - A class action lawsuit has been filed against UnitedHealth Group for alleged violations of securities laws, claiming the company made false and misleading statements regarding 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, and encourages them to contact the Schall Law Firm before July 15, 2024 [1]. - The complaint alleges that UnitedHealth made repeated assurances about avoiding anti-competitive behavior and safeguarding customer sensitive information, which were later revealed to be false and materially misleading [2]. Group 2: Company Statements - UnitedHealth claimed to have established "robust firewall processes" and invested significant resources in data security, asserting that its policies prohibited improper sharing of customer sensitive information [2]. - The lawsuit contends that when the truth about UnitedHealth's practices became known, investors suffered damages due to the misleading public statements made by the company [2].
UNH Investors Have Opportunity to Lead UnitedHealth Group Securities Fraud Lawsuit with the Schall Law Firm