• finitebanjo@lemmy.world
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    4 days ago

    I never said that, I explained very very very briefly that the source cited by this article above claims the basis for the lawsuit is that UnitedHealth made public earnings forecasts which were unachievable without artificially increasing the denial rate of claims, and they did not disclose this information to investors.

    Morality has nothing to do with Black Rock’s claims. They were promised more money return on investment than was physically possible to provide.