UnitedHealth Must Face Shareholder Suit by CalPERS, Judge Rules
A federal judge ruled that UnitedHealth Group must face a lawsuit from shareholder CalPERS, which alleges the company deceived investors regarding financial transactions to boost earnings.
UnitedHealth Group Inc. must defend itself against a slimmed-down lawsuit by a major shareholder that alleges investors were deceived about financial transactions that boosted earnings, a federal judge ruled.
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