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Largest ERISA Investment Performance Settlement Isn't Really About Performance
Multnomah Group
Dec. 19, 2024 "The case was moving toward trial after a judge denied UHG's motion for summary judgment, noting that the plaintiff presented sufficient evidence that UHG had 'its hand in the cookie jar.' Facing a costly trial that they were unlikely to win, UHG chose to settle. Based on the alleged actions of UHG and their committee, this announcement of one of the highest ERISA litigation settlements is no surprise." [Snyder v. UnitedHealth Group, No. 21-1049 (D. Minn. proposed settlement filed Dec. 13, 2024)] MORE >> |
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