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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Friday, August 15, 2008
UnitedHealth Group Inc. (NYSE: UNH) became one of the most prominent players in an options backdating scandal where award dates were altered  to make them more profitable for executives.

In December, former UnitedHealth CEO William McGuire agreed to give-up a staggering $420 million in addition to $200 million he had already returned.

Now, according to the WSJ:

The Minnesota Supreme Court on Thursday said a federal judge has little leeway to review or reject a stock-options backdating settlement between UnitedHealth and former Chief Executive William McGuire, increasing the likelihood that the deal will be approved.

Friday, August 15, 2008 4:29:57 PM UTC  #    Comments [0]  |  Trackback
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