UnitedHealth, Brian Thompson
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UnitedHealth Group announced a dramatic leadership shakeup, with former CEO and current chairman Stephen Hemsley stepping back into the top job following the abrupt resignation of Andrew Witty. The move comes at a time of escalating crises for the healthcare giant — including the recent fatal shooting of Brian Thompson,
The executive earlier caused public outrage when he defended the insurance giant’s practice of denying health care claims.
Following the murder of UnitedHealthcare CEO Brian Thompson, Personal Security company SaferWatch has seen heightened interest from Fortune 500 Companies which experts have dubbed “The Luigi
UnitedHealth Group was sued Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging its business, causing its stock to nosedive after the insurer lowered its 2025 outlook.
UnitedHealth Group (NYSE:UNH) was sued by shareholders on Wednesday for allegedly hiding how business was impacted from backlash related to the killing of Brian Thompson, according to a proposed class action filed in Manhattan federal court.
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Brian Thompson, acting director of the popular redevelopment program, exits as the Trump administration pushes agencywide reorganization and cuts.
The lawsuit, which seeks class action status, alleges that UnitedHealth and its executives didn’t properly warn investors about how the killing of UnitedHealthcare CEO Brian Thompson would affect its business.
The lawsuit alleges the healthcare giant did not adjust its 2025 earnings outlook to factor in how the killing of Brian Thompson would impact operations.
UnitedHealth Group announced the surprise exit of CEO Andrew Witty on Tuesday and suspended its 2025 forecast due to surging medical costs, sending its shares down more than 10% premarket.