United HealthCare Corporation (1996) Securities Litigation
On or around 12/17/1996 (Date of order of final judgment)
Filing Date: August 09, 1996
According to Stipulation and Order entered into by counsel for the plaintiff and the defendants and ordered by U.S. District Judge The Honorable Michael J. Davis, the claims against all defendants have been dismissed with prejudice as to named plaintiff Ray Levy in the case of Ray Levy, On Behalf of Himself and Others Similarly Situated vs. United HealthCare Corporation, et al., Case No. 3-96 Civ. 750, filed on August 9, 1996 in the United States District Court, District of Minnesota. The complaint had alleged securities fraud and other claims related to a decline in United HealthCare's stock price. This dismissal was agreed to and ordered prior to any effort by the plaintiff to have the case certified as a class action and without any payment to the named plaintiff or his counsel. The dismissal of the case was agreed to and ordered prior to any effort by the plaintiff to have the case certified as a class action and without any payment to the named plaintiff or his counsel.
Company & Securities Information
Defendant: United HealthCare Corporation (1996)
Industry: Insurance (Accident & Health)
Headquarters: United States
Ticker Symbol: UNH
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Ray Levy, et al. v. United HealthCare Corporation, et al.