Request Legal Help Now - Free

LAWSUITS NEWS & LEGAL INFORMATION

UnitedHealth Group to Pay $895 Million in CalPERS Class Action


This is a settlement for the ERISA / Employee Stock Options lawsuit.

A class action suit stemming from illegal stock option backdating by UnitedHealth in 2006 has been settled. The suit was brought by The California Public Employees' Retirement System, the country's largest public pension fund. In the settlement, UnitedHealth Group will pay $895 million to CalPERS and other pension plans who are plaintiffs.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form.
Published on Jul-7-08


ADD YOUR COMMENT ON THIS ISSUE

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free