NEWTOWN,
Pa., Feb. 21, 2025 /PRNewswire/ -- Edelson
Lechtzin LLP is investigating potential violations of the
federal securities laws and breaches of fiduciary duties
involving UnitedHealth Group Inc. (NYSE: UNH) resulting from
allegations of providing potentially misleading business
information to the investing public through improper business
practices which are being investigated by the United States Justice Department.
If you have non-public information that could assist in the
UnitedHealth investigation or if you are a UnitedHealth investor
who suffered a loss and would like to learn more, you can provide
your information HERE.
You can also contact attorney Eric
Lechtzin of Edelson Lechtzin LLP by calling 844-563-5550
ext. 1 or via e-mail at
elechtzin@edelson-law.com.
THE COMPANY: UnitedHealth is a company specializing in
health insurance and health care services.
THE ALLEGED WRONGDOING: On
February 21, 2025, The Wall Street
Journal and other news agencies reported that the DOJ was
involved in a civil fraud investigation concerning
UnitedHealth's practices related to patient diagnoses forced higher
payments from the government's Medicare Advantage program.
Currently more than half of Medicare recipients get their benefits
through Medicare Advantage.
Insurers receive reimbursement for treatment based on the
diagnostic codes presented to the Medicare Advantage program.
Typically, insurers get paid more for patients with more severe
illnesses. In recent years, the Biden administration attempted to
constrain payments to Medicare Advantage plans, which lawmakers,
watchdogs, and whistleblowers have accused of wasting tax dollars.
Reporting suggests that the current probe emerged out of concerns
about UnitedHealth's acquisitions of healthcare providers and data
companies.
UnitedHealth stock is down approximately 9% in the wake of this
news.
ABOUT EDELSON LECHTZIN LLP: Edelson Lechtzin LLP is a
national class action law firm with offices in Pennsylvania and California. In addition to cases involving
securities and investment fraud, our lawyers focus on
class and collective litigation in cases alleging violations of the
federal antitrust laws, employee benefit plans under ERISA, wage
theft and unpaid overtime, consumer fraud, and
catastrophic injuries.
For more information, please contact:
Marc H. Edelson, Esq.
Eric Lechtzin, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 or 215-867-2399 ext. 1
Email: medelson@edelson-law.com
Email: elechtzin@edelson-law.com
Web: www.edelson-law.com
This press release may be considered Attorney Advertising in
some jurisdictions. No class has been certified in this case, so
counsel does not represent you unless you retain one. You may
select counsel of your choice. You may also remain an absent class
member and do nothing now. Your ability to share in any potential
future recovery is not dependent upon serving as lead
plaintiff.
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SOURCE Edelson Lechtzin LLP
