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Judge Approves Historic $69M Settlement in UnitedHealth 401(k) Suit
Hall Benefits Law 
Aug. 6, 2025 "According to the complaint, Wells Fargo was a major customer and financier for UnitedHealth Group.... During the litigation, a 2018 email from [the UnitedHealth CFO] details how he stepped in and overruled the recommendations of an internal investment committee to drop the Wells Fargo fund from the plan. [The CFO] reasoned that the business relationship between UnitedHealth and Wells Fargo justified keeping the funds part of the 401(k) plan." [Snyder v. UnitedHealth Group, No. 21-1049 (D. Minn. settlement approved Jun. 24, 2025)] MORE >> |
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