Luigi Mangione

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BlackRock is Suing UnitedHealth for Giving “Too Much Care” to Patients After the CEO was Murdered (medium.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] 20 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Okay, if you go to the sources of the article, you can see that UH got sued because they did not amend their forecast after the shooting. They said that their response to the shooting would not impact earnings. BR would have had no grounds to sue, if UH said that they could not reach their earnings targets.

To quote Yahoo: "UnitedHealth Group was sued on Wednesday for allegedly concealing how backlash from the killing of a top executive was damaging its business, causing its stock to nosedive after the insurer lowered its 2025 outlook."

[–] [email protected] 9 points 2 weeks ago

Thank you for doing the hard work!

This context makes a lot note sense than whatever brain dead "journalist" decided to headline the article with.

UH clearly under estimated its position.