Judge Extends Options Freeze For UnitedHealth CEO

Law360, New York (December 3, 2007, 12:00 AM EST) -- A judge has extended an order barring former UnitedHealth Group Inc. CEO William McGuire from exercising his stock options until a special litigation committee can determine whether the company should file claims against the ousted executive.

In an order Friday, Judge James M. Rosenbaum of the U.S. District Court for the District of Minnesota extended the order until this Thursday or until the report is issued. At that time, the judge will consider further proceedings in the matter.

The order was set to expire on Friday...
To view the full article, register now.