Sign In
Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
UNH.US
id: 1223

UnitedHealth Group (UNH) US DOJ Investigation Case

D. Minnesota
Court
0:24-cv-01743
Case number
14 Mar 2022
Class period Start
27 Feb 2024
Class period End
15 Jul 2024
Lead Plaintiff motion deadline
  • $UNH stockholder filed a claim vs. UnitedHealth Group Inc. for anti-competitive behavior.
  • On the news of US DOJ antitrust investigation, on Februry 27, 2024, $UNH fell 2.27%, losing $10.9B+ of shareholder value.
  • UnitedHealth investors can join this case and be notified about potential recovery.
On January 6, 2021, UnitedHealth announced an agreement to acquire Change Healthcare.

On February 24, 2022, the U.S. Department of Justice (DOJ) filed a lawsuit challenging UnitedHealth’s acquisition of Change for violation of antitrust laws.

The court permitted the acquisition, crediting UnitedHealth’s commitment to preventing violations of antitrust legislation.

Then on February 27, 2024, the Wall Street Journal reported that the DOJ had re-opened its antitrust investigation into UnitedHealth.

On this disclosure, $UNH fell 2.27%, losing $10.9B+ in shareholder value.

Based on these events, $UNH stockholder filed a claim against UnitedHealth and its leaders, accusing them of the following:
  • UnitedHealth repeatedly assured investors that it had taken steps to avoid anti-competitive behavior
  • UnitedHealth's assurances articially inflated the price of UnitedHealth’s common stock that plummeted after the publication of the article in the Wall Street Journal.
Considering all the representations, investors have reasons to suspect that UnitedHealth was hiding the fact that it failed to implement proper corporate antitrust policies.

One of $UNH investors has already filed a claim vs. UnitedHealth in the District of Minnesota court.
Case Status
Lead Plaintiff Submission
Alleged Offence
Misleading Statements
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
26 February 2024
Filing date
14 May 2024
Lead Plaintiff Deadline
15 July 2024
Collecting participants…

UnitedHealth Group Incorporated

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Op...

    Ticker
    UNH.US
    ISIN
    US91324P1021
    CIK
    731766
    Sector
    Healthcare
    Industry
    Healthcare Plans
    Country
    USA
    Address
    UnitedHealth Group Center, Minnetonka, MN, United States, 55343