Defendant Name:
UnitedHealth Group Incorporated
Defendant Type:
Public Company
Document Reference:
LR-20836
Document Details
Legal Case Name
SEC v. UnitedHealth Group Incorporated
Document Name
SEC Files Settled Enforcement Action Against UnitedHealth Group Inc. and Former General Counsel in Stock Options Backdating Case
Document Date
22-Dec-2008
Document Format
Civil Proceeding
Case Number
08-cv-06455
Federal District Court
Minnesota, District of Minnesota
Allegation Type
Issuer Reporting and Disclosure
Document Summary
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."
Disgorgement & Penalty Information
Resolutions
None Specified
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution