- Joined
- Jan 1, 2022
yes.Did this ceo do something particularly heinous [ ... ] ?
But his company also had a history of controversially rejecting claims and faced a Department of Justice antitrust investigation.
He had been the subject of a Department of Justice antitrust probe, the Wall Street Journal first reported in February.
Prominent pension funds in California later filed a federal lawsuit against Thompson and other UnitedHealthcare executives, accusing them of offloading $117 million in company stock before the DOJ probe became public.
Thompson had reaped $15.1 million by dumping the stock, the lawsuit contends.
And UnitedHealthcare has developed a reputation for rejecting claims, a practice at least in part because it used an AI model with a 90% error rate to deny health coverage, Ars Technica first reported.