Reuters (Free subscription) | 08/11/2009
NEW YORK (Reuters) - UnitedHealth Group Inc and former chief executive William McGuire will pay $925 million to resolve an investor class-action lawsuit accusing the health insurer of improperly backdating stock options.
Across the Great Divide (Free subscription) | 01/14/2009
Gee, what a shocker. One of the companies created under UnitedHealth Group's William McGuire, the backdating chairman of the board, regrets that conflicts of interest "were inherent" in databases it sold to insurance companies to help them set patient reimbursement...
The Minneapolis/St. Paul Business Journal (Free subscription) | 12/22/2008
Health insurance giant UnitedHealth Group Inc. on Monday agreed to settle a civil suit brought by the U.S. Securities and Exchange Commission related to former CEO William McGuire’s stock-options backdating scandal.
Star Tribune (Free subscription) | 12/18/2008
The settlement also has the company’s former chief executive William McGuire paying $30 million and another former executive, general counsel David Lubben, paying $500,000.
The Minneapolis/St. Paul Business Journal (Free subscription) | 11/25/2008
UnitedHealth Group Inc. says it’s moving forward with a proposed $895 million settlement of the shareholder lawsuit related to former CEO William McGuire’s stock-options scandal.
L. A. Times Dodgers Blog (Free subscription) | 09/11/2008
The agreement to pay shareholders satisfies a class-action complaint that grew out of a 2006 options-backdating scandal. It comes on top of a separate $895-million settlement by the insurer. The former chief executive of health insurance giant UnitedHealth Group Inc. agreed to personally pay $30 million to shareholders and give up stock-option rights to settle a class-action lawsuit led by the California...
The Washington Times (Free subscription) | 09/10/2008
Former UnitedHealth Group Chief Executive William McGuire will pay $30 million and return stock options representing more than 3 million shares to settle a class-action lawsuit.
Star Tribune (Free subscription) | 09/10/2008
This is the third agreement involving former UnitedHealth Group chief executive William McGuire in the two-year scandal over backdated stock options that cost the former top health care executive his job.
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