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UNITEDHEALTH SHAREHOLDER ALERT FROM FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC reminds investors with losses over $100,000 of deadline to file class action lawsuits against UnitedHealth Group Inc. – UNH

UNITEDHEALTH SHAREHOLDER ALERT FROM FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC reminds investors with losses over $100,000 of deadline to file class action lawsuits against UnitedHealth Group Inc. – UNH

NEW ORLEANS, May 24, 2024 /PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Louisiana Attorney General Charles C. Foti, Jr., remind investors that they have until July 15, 2024 to file lead plaintiff motions in a class action lawsuit against UnitedHealth Group Inc. (NYSE: UNH) if they purchased the Company’s stock between March 14, 2022 and February 27, 2024, inclusive (the “Class Period”). This action is pending in the U.S. District Court for the District of Minnesota.

What you can do

If you purchased UnitedHealth stock and would like to discuss your legal rights, how this case affects you and your right to recover your economic loss, you may contact KSF Managing Partner Lewis Kahn, without obligation and at no cost, at toll-free 1-877-515-1850 or via email ([email protected]) or visit https://www.ksfcounsel.com/cases/nyse-unh/ to learn more. If you wish to serve as lead plaintiff in this class action, you must move the Court by July 15, 2024.

About the lawsuit

UnitedHealth and certain of its executives are alleged to have failed to disclose material information during the Class Period, thereby violating the federal securities laws.

On February 27, 2024, the Wall Street Journal reported that the U.S. Department of Justice has resumed its antitrust investigation into the relationships between the company’s various segments.

On this news, UnitedHealth’s stock price fell by $27 per share, resulting in a loss of nearly $25 billion in value for shareholders.

The case is City of Hollywood Firefighters Pension Fund v. UnitedHealth Group Inc., No. 24-cv-1743.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s leading boutique securities litigation firms. KSF serves a wide range of clients – including public institutional investors, hedge funds, asset managers and individual investors – in recovering investment losses resulting from corporate fraud or abuse of authority by publicly traded companies. KSF maintains offices in New York, Delaware, California, Louisiana and New Jersey.

To learn more about KSF, visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

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