UnitedHealth gets preliminary OK to pay $895 million to settle stock options suit

Minneapolis Star Tribune, December 19, 2008

A federal judge has given preliminary approval for UnitedHealth Group Inc. to pay $895 million to settle a class-action lawsuit over backdated stock options. The settlement also has the company's former chief executive William McGuire paying $30 million and another former executive, general counsel David Lubben, paying $500,000.


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