UnitedHealthcare CEO Brian Thompson was fatally shot outside a Hilton on Wednesday.
Thompson, alongside two other executives, was facing a lawsuit of insider trading related to an ongoing Justice Department investigation.
The class action lawsuit was initiated in May. It claimed that Thompson and two other executives offloaded millions in stock during a federal antitrust investigation. “UnitedHealth was aware of the DOJ investigation since at least October 2023. Instead of disclosing this material investigation to investors or the public, UnitedHealth insiders sold more than $120 million of their personally held UnitedHealth shares,” the suit filed by the City of Hollywood Firefighters’ Pension Fund alleges.
Since, the New York Police Department released two photos of the suspect for the killing of Thompson. “This does not appear to be a random act of violence; all indications are that it was a premeditated, targeted attack.
“The full investigative efforts of the NYPD are continuing, and we are asking for the public’s help if you have any information about this case, call Crime Stoppers at 1-800-577-TIPS (8477).”
On Wednesday, the police had released a video of Thompson’s slaying. It showed the masked gunman shooting at the CEO of the largest U.S. healthcare insurance company. Following the shooting, the suspect fled the scene on an electric Citi Bike.
His family described Thompson as an “incredibly loving, generous, and talented man.”
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