Defendant Name: UnitedHealth Group Incorporated

Defendant Type: Public Company
SIC Code: 6324
CUSIP: 91324P10

Initial Case Details

Legal Case Name SEC v. UnitedHealth Group Incorporated
First Document Date 22-Dec-2008
Initial Filing Format Civil Proceeding
Case Number 08-cv-06455
Allegation Type Issuer Reporting and Disclosure
Federal District Court Minnesota, District of Minnesota

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 22-Dec-2008

Related Documents:

comp20836-uhg 22-Dec-2008 Complaint
Complaint
The SEC stated: "From no later than April 1994 through 2005, UnitedHealth concealed hundreds of millions of dollars in expenses from investors, and significantly overstated the Company's income, by backdating employee stock option grants and failing to properly disclose and account for its true compensation expenses."
2008-302 22-Dec-2008 Press Release--Civil Action
SEC Files Settled Enforcement Actions Against UnitedHealth Group and Former General Counsel in Stock Options Backdating Case
The SEC stated that: "[It] filed a civil injunctive action against UnitedHealth Group Inc., a Minnetonka, Minn., health insurance company, alleging that it engaged in a scheme to backdate stock options. "
LR-20836 22-Dec-2008 Litigation Release
SEC Files Settled Enforcement Action Against UnitedHealth Group Inc. and Former General Counsel in Stock Options Backdating Case
The SEC stated that: "[It] filed a civil injunctive action against UnitedHealth Group Inc., a Minnetonka, Minnesota health insurance company, alleging that it engaged in a scheme to backdate stock options. Without admitting or denying the allegations, UnitedHealth agreed to settle to charges that it violated the reporting, books and records, and internal controls provisions of the federal securities laws."
court_doc3_08-cv-06455 10-Mar-2009 Court Docket Document
Final Judgment as to Defendant UnitedHealth Group Incorporated
On March 10, 2009, the SEC issued a final judgment against UnitedHealth Group Incorporated stating: "Defendant . . consented to the Court’s jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment."

Related Actions:

SEC v. William W. McGuire, M.D.
William W. McGuire, M.D.
SEC v. David J. Lubben
David J. Lubben
In the Matter of David J. Lubben
David J. Lubben