An investigation on behalf of investors in UnitedHealth Group Inc shares was announced over potential securities laws violations by UnitedHealth Group and certain of its directors and officers.
Investors who purchased shares of UnitedHealth Group Inc (NYSE:UNH), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of UnitedHealth Group Inc (NYSE:UNH) concerning whether certain statements by UnitedHealth Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
UnitedHealth Group Inc reported that its annual Total Revenue rose from over $157.1 billion in 2015 to over $184.84 billion in 2016 and that its Net Income increased from over $5.81 billion in 2015 to over $7.01 billion in 2016.
Shares of UnitedHealth Group Inc (NYSE:UNH) grew from $71.60 per share in ealr 2014 to as high as $166.76 per share on February 28, 2017.
On February 16, 2017, it was revealed the UnitedHealth Group Inc was subject to a False Claims Act lawsuit. According to the Complaint, UnitedHealth Group Inc and other insurers had engaged in a scheme to overcharge Medicare by “hundreds of millions — and likely billions — of dollars” for over ten years.
Those who purchased NYSE:UNH shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com