US - Investors in the shareholder derivative suit concerning options backdating at UnitedHealth Group Inc have been awarded US$920m from its officers.
Bernstein Litowitz Berger & Grossmann (BLB&G) recovered the compensation on behalf of its clients, which included St. Paul Teachers' Retirement Fund Association; Public Employees' Retirement System...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date