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.
I kind of understand where they are coming from, though. They are accusing the company of not adjusting their projected earnings in the face of a clear negative outlook.
EDIT: The company delivered earnings projections before his death, and then after it they publicly stated their earnings projections would not change. They are accused of not disclosing clear risks to earnings by saying nothing will change.