The group of investors alleged that the company misled them by not adjusting its forecast after Brian Thompson's killing.

A group of investors sued UnitedHealthcare Group on Wednesday, accusing the company of misleading them after the killing of its CEO, Brian Thompson.

The class action lawsuit — filed in the Southern District of New York — accuses the health insurance company of not initially adjusting their 2025 net earning outlook to factor in how Thompson’s killing would affect their operations.

…

The group, which is seeking unspecified damages, argued that the public backlash prevented the company from pursuing “the aggressive, anti-consumer tactics that it would need to achieve” its earnings goals.

  • Kraiden@kbin.earth
    0·
    1 day ago

    The group, […] argued that the public backlash prevented the company from pursuing “the aggressive, anti-consumer tactics that it would need to achieve” its earnings goals.

    Sorry, am I missing something here or is this them saying the quiet part out loud?

    I read this as “Investors are annoyed that public backlash prevented UHG from fucking over, and in some cases KILLING their customers, and wanted the company to acknowledge sooner that they wouldn’t be able to fuck over and kill their customers”

    • The_Caretaker@lemm.eeEnglish
      0·
      20 hours ago

      Customers are the people whom a business serves. The customers are not the poor people, who pay for insurance and get denied. UHC’s customers are the share holders. That is who the company provides services and benefits for.