UHG Not In Default For Late SEC Filing: 8th Circ.

Law360 (December 2, 2008, 12:00 AM EST) -- Publicly traded UnitedHealth Group Inc. didn't violate a contract with holders of $850 million in notes by missing a U.S. Securities and Exchange Commission filing deadline amid a probe into alleged options backdating, an appeals court has affirmed.

On Monday, the U.S. Court of Appeals for the Eighth Circuit affirmed a district court's decision in favor of UHG, which had sued the noteholders seeking a declaration that its late SEC filing didn't constitute a default on the notes.

The U.S. District Court for the District of...
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