DEADLINE ALERT: Investigation into Investor Claims by Faruqi & Faruqi, LLP
Investors who have experienced losses of more than $100,000 in UnitedHealth are being advised by Securities Litigation Partner James (Josh) Wilson to reach out to him. Wilson has been investigating potential securities claims against the company, focusing on allegations of misleading statements and omissions by UnitedHealth.
The investigation centers around whether UnitedHealth and its executives violated federal securities laws by making false or misleading statements about the company’s business, operations, and prospects. Investors who purchased UnitedHealth securities between January 17, 2017, and January 8, 2021, may have a potential legal claim.
During this period, UnitedHealth is alleged to have made misleading statements about the extent to which its restructuring was driven by cost-saving initiatives. The company is accused of not disclosing that three-quarters of its efficacy research relied on nonpublic sources, including reports from the company’s own employees. This lack of transparency misled investors about the efficacy of UnitedHealth’s cost-saving initiatives, according to the investigation.
Furthermore, allegations claim that UnitedHealth failed to disclose a billion-dollar gain of one of its main businesses, Optum, which was consistently growing and exceeded $100 billion in annual revenue. The company is accused of not revealing the threat of rising medical costs undermining its current earnings and undermining its long-term earnings forecasts.
These questionable practices have caused significant financial losses for investors who believed in UnitedHealth’s misleading information about its business operations and prospects. Wilson is urging investors who have suffered losses exceeding $100,000 to contact him for a possible legal recourse.
If you or anyone you know has experienced substantial losses in UnitedHealth due to misleading statements or omissions, it is essential to take action. By reaching out to Wilson, investors can explore their legal options and potentially recover their losses. Don’t wait until it’s too late to seek justice for your financial losses. Contact Wilson today to discuss your potential claim.