Daily Archives: February 8, 2009, 11:59 pm

Attorneys Seek $110 Million in Fees in UnitedHealth Group Options Backdating Settlement

Attorneys for shareholders of UnitedHealth Group (UNH) have requested attorneys’ fees of $110 million in connection with the recent $925.5 million settlement of a lawsuit alleging improper backdating of stock options. The Star Tribune reports that UnitedHealth agreed in July to pay $895 million to settle the suit, and former CEO William McGuire agreed two months later to pay $30…

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