00:00It's Benzinga bringing Wall Street to Main Street.
00:02Shareholders of UnitedHealth Group have filed a class action lawsuit against the company,
00:06according to Benzinga. They allege it misled investors by failing to disclose business impacts
00:11following the December 2024 killing of UnitedHealthcare CEO Brian Thompson.
00:16UnitedHealth reaffirmed its 2025 earnings forecast of $29.50 to $30 in January,
00:21despite increasing public and regulatory pressure. The company cut its 2025 profit
00:25forecast on April 17th, triggering a 22.4% stock drop and raising about $119 billion in market value.
00:32UnitedHealthcare spokesperson said the company denies all allegations and plans to defend itself
00:36vigorously. For all things money, visit Benzinga.com slash GSTV.
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