NEW YORK, Feb. 20, 2017 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of UnitedHealth Group Incorporated ("UnitedHealth" or the "Company")
(NYSE: UNH). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.
The investigation concerns whether UnitedHealth and certain of its officers and/or directors have engaged in securities fraud
or other unlawful business practices.
[Click
here to join a class action]
On February 16, 2017, at the request of the U.S. Department of Justice, a False
Claims Act lawsuit against UnitedHealth was made public. According to the complaint, filed in 2011 under seal,
UnitedHealth and other insurers had participated in a scheme to overcharge Medicare by "hundreds of millions — and likely
billions — of dollars" for more than a decade.
On this news, UnitedHealth's share price fell $6.03, or 3.68%, to close at $157.62 on February 17, 2017.
The Pomerantz Firm, with offices in New York, Chicago,
Florida, and Los Angeles, is acknowledged as one of the premier
firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham
L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class
actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights
of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP