December 4, 2024 5:56pm EST
DOJ launched probe into UnitedHealth for insider trading and attempted to stop monopoly
UnitedHealthcare CEO Brian Thompson was shot and killed in Manhattan on Wednesday morning
By Greg Wehner FOXBusiness
Multiple senior executives at UnitedHealthcare have been under investigation by the Department of Justice, though it is not clear if CEO Brian Thompson was part of that investigation before his murder.
Thompson was gunned down in midtown Manhattan on Wednesday morning in what police are calling a targeted attack.
There were reports that the executives were accused of insider trading and fraud, and last year the DOJ launched a probe into whether the nation’s largest insurer was unfairly restricting competitors and running a monopoly.
Last month, the DOJ along with attorneys generals from Maryland, Illinois, New Jersey and New York filed a lawsuit to block UnitedHealth Group Incorporated’s proposed $3.3 billion acquisition of rival home health and hospice provider Amedisys Inc.
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https://www.foxbusiness.com/markets/doj-launched-probe-unitedhealth-insider-trading-attempted-stop-monopoly