XPost: alt.business.insurance, law.court.federal, alt.health.systems
XPost: alt.fan.rush-limbaugh, sac.politics

UnitedHealthcare CEO Brian Thompson was accused of insider trading and
fraud before he was assassinated on Wednesday in Manhattan.

Thompson, 50, was shot dead in what NYPD officials believe was a targeted attack as he exited the Hilton hotel before an investor conference. His
killer remains on the loose.

Last year the DoJ launched a probe into whether the private company of the nation's biggest insurer, led by Thompson, was unfairly restricting
competitors and running a monopoly.

In May, the City of Hollywood Firefighters’ Pension Fund initiated a
complaint against Thompson and other executives, accusing the CEO of
failing to tell investors about the federal probe before he unloaded over
31 percent of his stock, taking in $15.1 million in proceeds.

In legal documents, the fund said Thompson and other company execs sold
over $117 million worth of UnitedHealth common stock during the four-month period when insiders knew about the federal antitrust investigation but
the public did not.

The California Public Employees’ Retirement System, America's largest
state public pension fund, then joined that complaint in October and filed
an amendment seeking a jury trial against the UnitedHealth execs including Thompson.

The Wall Street Journal reported in February that federal investigators
had been interviewing healthcare industry representatives in sectors where UnitedHealth competes, including doctor groups.

Investigators have asked about issues including certain relationships
between the company's UnitedHealthcare insurance unit and its Optum health services arm, which owns physician groups, among other assets.

https://i.dailymail.co.uk/1s/2024/12/04/16/92795657-14157793-image-a- 69_1733331117620.jpg

The WSJ also reported that the DOJ was examining the company's Medicare
billing practices to see if doctors are aggressively characterizing their patients illnesses to wrongly increase payments from the government.

Thompson was fatally shot in the chest and leg in a targeted attack by a
masked man, who then fled down 6th Avenue on a bicycle. The NYPD has
launched a huge manhunt to catch the killer, who is believed to have
escaped into Central Park.

Witnesses said the suspected gunman was seen waiting outside the hotel
before the shooting, and knew which door Thompson was going to emerge from before shooting him at point-blank range.

Footage showed NYPD officers performing CPR on the CEO, before he was
rushed to Mount Sinai Hospital in critical condition. He was later
pronounced dead.

Thompson was named UnitedHealthcare CEO in 2021 and earned a reported $10 million a year, and for several years prior, he ran the Medicare business within UnitedHealthcare.

He was slated to speak at an investor meeting at the Hilton Hotel soon
after the shooting. According to a release from United Healthcare on
Tuesday, he would announce the company's hugely profitable 2025 financial outlook, including expected revenues upwards of $450 billion.

The suspect is at large, and is described as a white male wearing a cream- colored jacket, black face mask, black and white sneakers, and a grey
backpack.

Sources reportedly said that Thompson, who lives in Minnesota with his
wife and children, was not a guest at the hotel but had arrived early to prepare for his presentation.

The gunman apparently knew which door Thompson was going to emerge from,
and gunned him down from several feet away. The suspect then jumped on a bicycle, and is believed to have fled to Central Park.

With the suspect still at large, the NYPD announced a $10,000 reward to
anyone with information regarding the shooting, and said it plans to
release two surveillance pictures to help track down the killer.

United is the biggest health insurer by market share in America. The
company has been the subject of frequent protests by activists for
allegedly systematically denying care for patients.

One such protest earlier this year led to the arrests of 11 people outside
the United Healthcare headquarters in Minnetonka, Minnesota.

The company made headlines in February after it was subjected to a cyber- attack which cost $872 million.

Minnesota leaders paid tribute to Thompson after news of his death was announced, with United Healthcare one of the state's major employers.

Minnesota Governor and 2024 Democratic nominee for Vice-President Tim
Walz, who was pictured with Thompson in 2022, said the shooting was
'horrifying news and a terrible loss for the business and health care
community in Minnesota.'

Minneapolis Mayor Jacob Frey added in his own statement: 'This is a
shocking and devastating loss for our whole community. ‘Shocking’ is the
only word I can find at the moment.'

Thompson is survived by his wife Paulette 'Pauley' Thompson, 51, and their
two children who live in the family's $1.5 million home in Maple Grove, Minnesota.


--
November 5, 2024 - Congratulations President Donald Trump. We look
forward to America being great again.

The disease known as Kamala Harris has been effectively treated and
eradicated.

We live in a time where intelligent people are being silenced so that
stupid people won't be offended.

Durham Report: The FBI has an integrity problem. It has none.

Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden
fiasco, President Trump.

Under Barack Obama's leadership, the United States of America became the
The World According To Garp. Obama sold out heterosexuals for Hollywood
queer liberal democrat donors.

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