UnitedHealth

On behalf of a group of institutional investors, BLB&G obtains a groundbreaking $920 million settlement which requires restitution payments from UnitedHealth Group, Inc , its founder, Dr. William McGuire, and other of the Company’s former officers and directors, marking the largest derivative and stock options backdating recovery of all time. The New York Times comments: "investors everywhere should applaud the deal... it sets a standard of behavior for other companies and boards when performance pay is later shown to have been based on ephemeral earnings."
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