NEW YORK, Jan. 3, 2017 /PRNewswire/ -- Faruqi & Faruqi,
LLP, a leading national securities law firm, is investigating
potential misconduct at UnitedHealth Group Incorporated ("United
Health" or the "Company") (NYSE:UNH).
The investigation focuses on whether the Company's Board of
Directors and its officers committed mismanagement and breached
their fiduciary duties. On October 4,
2016, the first of several class action complaints was filed
in the United States District Court, District of Minnesota, against United Health and several
of its wholly-owned subsidiaries (the "United Health Defendants")
alleging violations of (a) the Employee Retirement Income Security
Act of 1974 ("ERISA"), (b) violations of state law and (c)
violations of the Racketeering Influenced and Corrupt Organizations
Act ("RICO"). The complaint alleged that the United Health
Defendants required network pharmacies to charge insured patients
unauthorized and excessive amounts for prescription drugs.
The United Health Defendants "clawed back" these excessive payments
by forcing the pharmacies to pay the unauthorized and excessive
charges to the United Health Defendants after collecting them from
the insureds.
Request more information now by clicking here:
www.faruqilaw.com/UNH. There is no cost or obligation to
you.
Take Action
If you currently own United Health stock and would like to
discuss your legal rights, please visit
www.faruqilaw.com/UNH. You can also contact us by calling
Nina Varindani toll free at (212)
983-9330 or by sending an e-mail to nvarindani@faruqilaw.com.
Faruqi & Faruqi, LLP also encourages anyone with information
regarding United Health's conduct to contact the firm, including
whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this
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Prior results do not guarantee or predict a similar outcome with
respect to any future matter. We welcome the opportunity to
discuss your particular case. All communications will be
treated in a confidential manner.
FARUQI & FARUQI, LLP
685 3rd Avenue, 26th Floor
New York, NY 10017
Attn: Nina Varindani
nvarindani@faruqilaw.com
Telephone: (212) 983-9330
Attn: Stuart J. Guber
sguber@faruqilaw.com
Telephone: (215) 277-5770
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