August 25, 2017 (Shareholders Foundation) - An investigation on behalf of investors of UnitedHealth Group Inc (NYSE:UNH) shares over potential securities laws violations by UnitedHealth Group and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of UnitedHealth Group Inc (NYSE:UNH) concerning whether a series of statements by UnitedHealth Group Inc (NYSE:UNH regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Hopkins, MN based UnitedHealth Group Incorporated is a health and well-being company. UnitedHealth Group Inc reported that its annual Total Revenue rose from over $157 million in 2015 to over $184.84 million in 2016 and that its Net Income increased from over $5.81 million in 2015 to over $7.01 billion in 2016.

Shares of UnitedHealth Group Inc (NYSE:UNH) grew from $133.92 per share in October 2016 to as high as $196.04 per share on August 4, 2017.

On August 18, 2017, an article was published entitled 'Pediatricians say Florida hurt sick kids to help big GOP donors'. The article reported that state health officials in Florida removed thousands of sick children from Children's Medical Services ('CMS'), a part of Florida Medicaid, and placed them on insurance plans owned by companies, including UnitedHealth's subsidiary UnitedHealthcare of Florida, that cumulatively donated millions of dollars to Florida Republican Party committees.