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Topic starter
April 13, 2024 1:12 am
From the same folks who coped with a cyber-attack by shutting down half the country's flow of healthcare dollars.
Most of the article is behind a paywall.
I would love to know if/how this intersects with their ransomware debacle. As opensource reports eventually become available, please flesh out the story in the thread. Or speculate. 🙂
UnitedHealth Chair, Executives Sold $102 Million in Stock Before US Probe Became Public
- News broke on Feb. 26 that the firm got DOJ notice in October
- Chairman, three executives sold shares between those dates
By John Tozzi and Anders Melin | April 11, 2024 at 6:00 AM EDTUnitedHealth Group Inc. Chairman Stephen Hemsley and three senior executives netted a combined $101.5 million from stock sales made over four months leading up to when the public became aware of a federal antitrust investigation.
The sales occurred between Oct. 16, a week after the largest health insurer in the US reportedly received notice of the Justice Department probe, and Feb. 26, the day before Bloomberg News and others published stories about the investigation. The stock dropped after the investigation was widely reported.
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