The group of investors alleged the company misled them by not adjusting its forecast after Brian Thompson was killed.

A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson.

The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 net earning outlook to factor in how Thompson’s killing would affect their operations.

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The group, which is seeking unspecified damages, argued that the public backlash prevented the company from pursuing “the aggressive, anti-consumer tactics that it would need to achieve” its earnings goals.

  • Nougat@fedia.io
    822·
    1 day ago

    The group, which is seeking unspecified damages, argued that the public backlash prevented the company from pursuing “the aggressive, anti-consumer tactics that it would need to achieve” its earnings goals.

    I’m willing to bet that the group who filed this suit has done so in order to point out UHC’s “aggressive anti-consumer tactics.”

    • cygnus@lemmy.ca
      551·
      1 day ago

      I think so, because this is too pants-on-head crazy to make any sense otherwise. I wonder how many shares these people own and when they bought them.

      • Nougat@fedia.io
        241·
        1 day ago

        Could be people who own through mutual funds. Could be people who bought a share in the wake of The Incident with the intention of filing such a suit.