A Boring Dystopia

12299 readers

974 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--If a picture is just a screenshot of an article, link the article

--If a video's content isn't clear from title, write a short summary so people know what it's about.

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 2 years ago

MODERATORS

givesomefucks@lemmy.world

1052

BlackRock is Suing UnitedHealth for Giving “Too Much Care” to Patients After the CEO was Murdered (medium.com)

submitted 6 days ago by CowsLookLikeMaps@sh.itjust.works to c/aboringdystopia@lemmy.world

130 comments fedilink hide all child comments

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

[–] finitebanjo@lemmy.world 28 points 5 days ago (1 children)

So this article cites a CBS news article which says:

"In the proposed class action lawsuit filed Wednesday in the Southern District of New York, investor Roberto Faller alleges UnitedHealth "artificially inflated prices" when the company initially forecast earnings per share of $29.50 to $30 in December. UnitedHealth then reaffirmed that outlook in January, despite mounting a backlash following an October Senate report on its high rate of claim denials and, later, the December killing of its CEO.

Faller's complaint comes after UnitedHealth cut its 2025 forecast for adjusted profit per share to a lower range between $26 to $26.50.

Attorneys argued that the company's statements on performance expectations last year and earlier this year were "materially false and misleading" because UnitedHealth didn't tell shareholders "it would have to adjust its strategy, which resulted in heightened denials compared to industry competitors.""

So I guess it's okay to just completely lie now, huh?

[–] mechoman444@lemmy.world 8 points 5 days ago

The judge in court listening to this from the lawyere: sigh.