Comment on BlackRock is Suing UnitedHealth for Giving “Too Much Care” to Patients After the CEO was Murdered
Gradually_Adjusting@lemmy.world 4 weeks agoYeah the bit about “in other words” where you said the legal basis for the dispute is about a moral issue. You don’t see how that’s blatantly wrong?
finitebanjo@lemmy.world 4 weeks ago
I never said that, I explained very very very briefly that the source cited by this article above claims the basis for the lawsuit is that UnitedHealth made public earnings forecasts which were unachievable without artificially increasing the denial rate of claims, and they did not disclose this information to investors.
Morality has nothing to do with Black Rock’s claims. They were promised more money return on investment than was physically possible to provide.