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Stock impact report

UnitedHealth Stock Sales Prompt Lawmakers to Call for SEC Probe [BNN Bloomberg (Canada)]

UnitedHealth Group Incorporated (DE) (UNH) 
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
Company Research Source: BNN Bloomberg
The company officials netted a combined $101.5 million through trades made after the company was reportedly notified of an antitrust investigation but before the probe became public, Bloomberg News disclosed earlier this month. “The reports regarding these trades reveal a disturbing fact pattern,” the lawmakers wrote in a letter to SEC Chairman Gary Gensler this week. The transactions occurred between October, when the health insurer reportedly learned of the investigation, and February, when the probe was reported in the media. Shares of UnitedHealth fell 5.2% over two trading sessions following the reports. Warren and her colleagues are asking the SEC to review whether the antitrust investigation was material to UnitedHealth investors and, if so, whether the disclosures were sufficient. The company hasn't explicitly acknowledged this probe but in regulatory filings says it's subject to “routine, regular and special investigations, audits and reviews” from various state and fede Show less Read more
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