UnitedHealthcare corporate headquarters in Minnetonka, Minnesota. Credit: Ken Wolter/Shutterstock $91M Award: Plaintiffs Win on Claims That UnitedHealthcare Stiffed Medical Providers
"There are instances where physicians are being choked out because these insurance companies have such economic power. They do what they want," Epstein Becker's Anthony Argiropoulos said.
May 04, 2023 at 09:55 AM
5 minute read
A team of New Jersey lawyers represented a major health care company that was awarded $91.2 million in Florida arbitration proceedings with UnitedHealthcare.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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