Companies

UnitedHealth Group Inc. Investors Encouraged to Consult Legal Counsel Ahead of Class Action Deadline

Published June 10, 2024

The Rosen Law Firm, an internationally recognized investor rights legal practice, is urging shareholders of UnitedHealth Group Inc. UNH to consult legal counsel prior to the forthcoming deadline in a class action lawsuit. Investors who have acquired stocks of UNH from March 14, 2022, to February 27, 2024 — the period termed as the 'Class Period' — are encouraged to secure representation before the deadline on July 15, 2024, to participate in the lawsuit.

Understanding UnitedHealth Group Inc.

UnitedHealth Group Incorporated, an American Healthcare behemoth, operates across the globe offering multifold managed healthcare and insurance services. With Minnetonka, Minnesota serving as its headquarters, it stood as the second-largest healthcare company measured by revenue in 2020, only trailing CVS Health, with substantial earnings amounting to $257.1 billion. A significant portion of the company's income, accounting for 80%, is attributed to UnitedHealthcare, which concentrates on revenues from health care products and insurance services.

Details of the Class Action Lawsuit

Investors who purchased common stock of UNH during the annotated 'Class Period' and incurred losses are highlighted in this class action lawsuit. The Rosen Law Firm emphasizes the importance for these investors to appoint legal counsel and act firmly before the all-important July deadline. As the proceedings advance, the legal outcomes may have a direct influence on their ability to recover any potential financial damages incurred throughout the identified timeframe.

Investment, Legal, Deadline