AP - Former UnitedHealth Group Inc. Chief Executive William McGuire will pay $30 million and return stock options representing more than 3 million shares to settle a class-action lawsuit.The litigation was led by the California Public Employee Retirement System, also known as CalPERS, and the parties involved had been preparing for a trial later this month in U.
September 11, 2008 at 12:00 AM
1 minute read
AP – Former UnitedHealth Group Inc. Chief Executive William McGuire will pay $30 million and return stock options representing more than 3 million shares to settle a class-action lawsuit.
The litigation was led by the California Public Employee Retirement System, also known as CalPERS, and the parties involved had been preparing for a trial later this month in U.S. District Court in Minnesota, where UnitedHealth is headquartered.
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