Investors Sue UnitedHealth In Chancery Over Billings Case

By Jeff Montgomery (April 24, 2019, 8:45 PM EDT) -- A pension fund and a set of bank-managed investment funds sued UnitedHealth Group's directors and former top officer in Chancery Court late Wednesday, seeking damages on behalf of the company for alleged Medicare billing violations that the suit said could involve billions in false claims.

The 113-page derivative action filed by Central Laborers Pension Fund and a fleet of Amalgamated Bank LongView funds came six months after Delaware's Supreme Court rejected a UnitedHealth appeal challenging lower court clearance for books and records demands by the investors.

The suit accused 15 current or past UHG directors, including executive chairman and former CEO...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!