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UnitedHealth Group Inc. Investors: Class Action Lawsuit

UnitedHealth Group Inc. Investors: Class Action Lawsuit

Investors can Contact the law firm free of charge to learn more about recovering their losses

LOS ANGELES, July 9, 2024 (GLOBE NEWSWIRE) — The Portnoy Law Firm advises investors in UnitedHealth Group Incorporated (“UnitedHealth Group” or “the Company”) (NYSE: UNH) that a class action lawsuit has been filed on behalf of investors. Investors in UnitedHealth Group who lost money on their investment are encouraged to contact Lesley Portnoy, Esq.

Investors are encouraged to contact Attorney Lesley F. Portnoy by phone at 310-692-8883 or by email at [email protected] to discuss their legal claims, or click here to join the case at www.portnoylaw.com. The Portnoy Law Firm can provide a free case evaluation and discuss investors’ options for pursuing claims to recover their losses.

The lawsuit alleges that throughout the Class Period, UnitedHealth repeatedly assured investors that it had taken steps to avoid anti-competitive conduct, including by establishing “robust firewall processes” to prevent the sharing of customer confidential information (“CSI”) following the merger between UnitedHealthcare and Optum. Specifically, the lawsuit alleges that UnitedHealth explicitly stated that Optum “invests an extraordinary amount of time, money and resources in securing (CSI) and keeping it separate from UnitedHealthcare” and that “UnitedHealth Group’s existing firewalls and data security policies prohibit employees from improperly sharing CSI of outside customers.”

As a result of these misrepresentations, the lawsuit alleges, UnitedHealth shares traded at artificially inflated prices during the Class Period.

Please visit our website to review further information and submit your transaction information.

The Portnoy Law Firm represents investors in claims arising from corporate malpractice. The firm’s founding partner has recovered more than $5.5 billion for injured investors. Attorney Advertising. Past results do not guarantee similar results.

Lesley F. Portnoy, Esq.
Admitted to the bar in California and New York
[email protected]
310-692-8883
www.portnoylaw.com
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