General Discussion

LeftInTX

(30,612 posts)

7. The dead guy, but probably also the other CEO and who knows who else.

Thu Dec 5, 2024, 01:33 AM

Dec 5

Thompson in May was sued for alleged fraud and illegal insider trading. The Hollywood Firefighters’ Pension Fund filed a lawsuit against UnitedHealth Group, CEO Andrew Witty, Executive Chairman Stephen Hemsley and Thompson, alleging the executives schemed to inflate the company’s stock by failing to disclose a US Justice Department antitrust investigation into the company.

UnitedHealth Group in 2021 announced it would buy Change Healthcare. The Justice Department sued to break up the deal but a judge ultimately allowed it go through. But the Wall Street Journal in February 2024 reported the Department of Justice re-opened its case, even after the merger went through, to investigate whether the companies properly set up a so-called firewall to prevent customer information from flowing between divisions of the merged company.

The lawsuit claimed Thompson knew about the investigation as early as October 2023 and sold 31% of his company shares, making a $15 million profit, 11 days before the Journal publicized the probe. The Journal report sent UnitedHealth’s stock sinking 5%.

The revelation of the alleged insider trading led Democratic Senators Elizabeth Warren and Ed Markey to write a letter to the Securities and Exchange Commission on April 29, calling on Chairman Gary Gensler to investigate UnitedHealth for the executives’ stock sales. The senators noted Thompson faced up to $5 million in penalties and 20 years of prison time if convicted.

https://www.cnn.com/2024/12/04/business/who-was-brian-thompson/index.html

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Highlight:

So it was a revenge killing of UHC Executive [View all] Cattledog Dec 5 OP

I think maybe. Delay, deny, defend is an insurance tactic to avoid paying. Solly Mack Dec 5 #1

They were also deposed, where they denied and defended themselves against the DOJ's acussations of insider trading LeftInTX Dec 5 #4

The dead guy was? The company? I didn't know. Solly Mack Dec 5 #5

The dead guy, but probably also the other CEO and who knows who else. LeftInTX Dec 5 #7

Damn. Solly Mack Dec 5 #8

Wow... the plot thickens! 😱 Tanuki Dec 5 #10

Truth will out malaise Dec 5 #27

This is interesting. This caused major issue in March 2024 because Change went down. LizBeth Dec 5 #80

Maybe shooter lost a parent or other loved one RedWhiteBlueIsRacist Dec 5 #2

How UnitedHealth's Playbook for Limiting Mental Health Coverage Puts Countless Americans' Treatment at Risk (ProPublica) usonian Dec 5 #3

algorithms soandso Dec 5 #9

The FTC is on that. Health care "seems" beyond control and I am sure they pay politicians for the privilege. usonian Dec 5 #11

No Bernardo de La Paz Dec 5 #35

You're right soandso Dec 5 #38

The luddites were opposed to the misuse of technology Voltaire2 Dec 5 #43

This is like a nightmare NJCher Dec 5 #21

A lot of us feel that way. yardwork Dec 5 #59

None of that claudette Dec 5 #6

i do agree, but rampartd Dec 5 #12

Even so claudette Dec 5 #14

Nobody is saying NJCher Dec 5 #22

Like when husbands shoot their wives Kaleva Dec 5 #23

Yes. A domestic abuser killing his victim is exactly the same kind of situation. Crunchy Frog Dec 5 #29

Right? It's so interesting the way some posters obviously think they're slam dunking a point, Scrivener7 Dec 5 #41

Murder is murder Kaleva Dec 5 #49

In that case, why not compare him Crunchy Frog Dec 5 #55

That doesn't refute what I said Kaleva Dec 5 #82

Seems more like when an abuse victim ThreeNoSeep Dec 5 #40

But it wasn't a solution was it? Kaleva Dec 5 #54

Murder is murder so there's absolutely no difference between the two situations. Crunchy Frog Dec 5 #58

It is exactly the other way around. Voltaire2 Dec 5 #44

Nothing justifies murder Keepthesoulalive Dec 5 #13

Still sounds to me claudette Dec 5 #15

He worked for UHC for 20 years. progressoid Dec 5 #18

How about the shareholders? Kaleva Dec 5 #24

I'll repeat. I don't condone it. progressoid Dec 5 #85

I asked about shareholders Kaleva Dec 5 #89

Dear Lord claudette Dec 5 #34

We? progressoid Dec 5 #87

The poster is not rationalizing any action. So maybe you shouldn't imply the poster and Scrivener7 Dec 5 #26

So did he deserve to die? claudette Dec 5 #33

Has anyone said he did? And, because obviously no one here killed him or thought of killing him or Scrivener7 Dec 5 #36

No claudette Dec 5 #46

You seem hell bent on painting DUers as murderous and terrible people because they are using Scrivener7 Dec 5 #48

Not murderous on their own, but supporting murder against the right people. I've seen things here that ... marble falls Dec 5 #53

Operative words: "that have been hidden." Which means they're demonstrably not supported here. Scrivener7 Dec 5 #57

Go back and read this entire OP. It's being danced all around with the argument that he deserved it for ... marble falls Dec 5 #62

Go back and read through the comments. No one is saying we should arbitrarily Scrivener7 Dec 5 #65

"We don't arbitrarily execute people in the streets in this nation." progressoid Dec 5 #86

That is nothing new. yardwork Dec 5 #63

It's completely bizarre. Scrivener7 Dec 5 #66

It's standard psy-ops behavior. yardwork Dec 5 #67

Except I don't believe that of the posters in question. Scrivener7 Dec 5 #68

We're seeing the effects of the effort. yardwork Dec 5 #70

Yes. Scrivener7 Dec 5 #71

Exactly. Kingofalldems Dec 5 #74

Bingo. Think. Again. Dec 5 #76

Ahhh a law and order absolutist peregrinus Dec 5 #37

I'm kind of a law and order absolutist too. But using black humor and pointing out Scrivener7 Dec 5 #39

I am not blaming the victim Keepthesoulalive Dec 5 #72

Some victims are obviously way more important than others. Crunchy Frog Dec 5 #31

For profit health insurance murders with impunity. Voltaire2 Dec 5 #45

Oh claudette Dec 5 #47

Oh come on, it's not murder when it's poor people in the way of more MONEY!!! ck4829 Dec 5 #52

Motives are motives. Iggo Dec 5 #19

No one on DU has said it does. Scrivener7 Dec 5 #25

Two years ck4829 Dec 5 #51

Some people seek to create false narratives. yardwork Dec 5 #61

This is very true ck4829 Dec 5 #69

Who said it does? yardwork Dec 5 #60

It doesn't justify it Bettie Dec 5 #73

We all deserve better stillspkg Dec 5 #16

I got a $3000 bill for 10 minutes in the ER. pfitz59 Dec 5 #17

According to the Federal Reserve, the "average American" has 8k in the bank. How the fuck the system has even lasted Karasu Dec 5 #20

Dump that Medicare Advantage soandso Dec 5 #32

The photos from Starbucks underpants Dec 5 #28

I smell a rumor being generated. n/t Jacson6 Dec 5 #30

I love it when people take crime-scene evidence found by detectives at face value. WhiskeyGrinder Dec 5 #42

I thought the same obamanut2012 Dec 5 #77

Occam's razor Mosby Dec 5 #81

At any given time, I have a stack of denials on my desk Horse with no Name Dec 5 #50

+1 dalton99a Dec 5 #75

CLASS ACTION SUIT onecaliberal Dec 5 #78

Hopefully the perp lives thru his capture and provides a lucid explanation for the shooting. NoMoreRepugs Dec 5 #56

When a pie in the CEO's face isn't enough. sop Dec 5 #64

I could see this becoming our future ChicagoRonin Dec 5 #79

When people feel that they are unjustly treated, and there seems to be no systematic recourse, usonian Dec 5 #83

He Should Have Been Armed Deep State Witch Dec 5 #84

If everybody had a gun no one would get shot! Emile Dec 5 #90

wow. that guy was obsessed! ecstatic Dec 5 #88