Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

UnitedHealth's Ex-CEO Will Pay Back $620M

Ousted Maguire settles claims over backdating stock options

By Marcia Greenwood,  Newser Staff

Posted Dec 6, 2007 9:59 PM CST

(Newser) – UnitedHealth's ex-CEO will surrender another $420 million in stock options and retirement pay to settle claims in a scandal over stock-option backdating. William McGuire already had forfeited $200 million to UnitedHealth when he was ousted last year, the Wall Street Journal reports, making his giveback...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Bastards! Health 'Reform' Isn't Worthy of Name

3 Big Myths About Health Care Reform

Health Care Is a Public Good; It's Time Dems Explain Why

To Fix Health Care, End Health Insurance

Americans Split on Health Care Priorities: Poll


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment