Luigi Mangione

2112 readers

4 users here now

A community to post anything related to Luigi Mangione.

This is not a pro-murder community. Please respect Lemmy.world ToS.

founded 5 months ago

MODERATORS

robocall@lemmy.world

A_Very_Big_Fan@lemmy.world

198

UnitedHealthcare sued by shareholders over reaction to CEO's killing (www.cnbc.com)

submitted 3 weeks ago by Five@slrpnk.net to c/luigimangione@lemmy.world

14 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] TachyonTele@lemm.ee 52 points 3 weeks ago (8 children)

Shareholders are some sick souless vampires. Jesus Christ.

[–] halcyoncmdr@lemmy.world 45 points 3 weeks ago (5 children)

I'm not sure it's that simple in this particular case..

The group, which is seeking unspecified damages, argued that the public backlash prevented the company from pursuing “the aggressive, anti-consumer tactics that it would need to achieve” its earnings goals.

That specific wording makes me think these particular shareholders are actually on the right side and taking advantage of the fact UHC is a piece of shit company to both profit and make a point.

[–] Philharmonic3@lemmy.world 4 points 3 weeks ago

You're correct. Read point 37 in the lawsuit. Link to the document. It makes it clear they are accusing UHC of deliberately denying insurance claims to boost profits and lying to shareholders about it.

load more comments (4 replies)

load more comments (6 replies)