Financial Times FT.com

UnitedHealthcare hit with two lawsuits

By Jeremy Grant in Washington

Published: May 24 2006 00:21 | Last updated: May 24 2006 00:21

UnitedHealth Group, one of the largest US companies embroiled in a widening stock option disclosure investigation, was on Tuesday hit with a lawsuit from two state pension funds.

The suits - which testify to mounting shareholder anger over the issue - question the timing of stock options award to the company’s chairman and chief executive.

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