Faruqi & Faruqi, LLP is Investigating UnitedHealth Group Incorporated (UNH) on Behalf of its Shareholders

NEW YORK, Jan. 3, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential misconduct at UnitedHealth Group Incorporated ("United Health" or the "Company") (NYSE:UNH).

The investigation focuses on whether the Company's Board of Directors and its officers committed mismanagement and breached their fiduciary duties.  On October 4, 2016, the first of several class action complaints was filed in the United States District Court, District of Minnesota, against United Health and several of its wholly-owned subsidiaries (the "United Health Defendants") alleging violations of (a) the Employee Retirement Income Security Act of 1974 ("ERISA"), (b) violations of state law and (c) violations of the Racketeering Influenced and Corrupt Organizations Act ("RICO").  The complaint alleged that the United Health Defendants required network pharmacies to charge insured patients unauthorized and excessive amounts for prescription drugs.  The United Health Defendants "clawed back" these excessive payments by forcing the pharmacies to pay the unauthorized and excessive charges to the United Health Defendants after collecting them from the insureds.

Request more information now by clicking here: www.faruqilaw.com/UNH. There is no cost or obligation to you.

Take Action

If you currently own United Health stock and would like to discuss your legal rights, please visit www.faruqilaw.com/UNH.  You can also contact us by calling Nina Varindani toll free at (212) 983-9330 or by sending an e-mail to nvarindani@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding United Health's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential manner.

FARUQI & FARUQI, LLP
685 3^rd Avenue, 26^th Floor
New York, NY 10017
Attn:  Nina Varindani
nvarindani@faruqilaw.com 
Telephone: (212) 983-9330

Attn: Stuart J. Guber
sguber@faruqilaw.com
Telephone: (215) 277-5770

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/faruqi--faruqi-llp-is-investigating-unitedhealth-group-incorporated-unh-on-behalf-of-its-shareholders-300384784.html

SOURCE Faruqi & Faruqi, LLP