Unitedhealth Group Securities Litigation

On June 2, 2006, Zimmerman Reed filed a federal class action against UnitedHealth Group, Inc. (“the Company”) on behalf of shareholders who purchased the Company's common stock between December 28, 2004 and May 17, 2006. The complaint, filed under the Private Securities Litigation Reform Act, alleges that UnitedHealth and certain of its officers and directors violated federal securities laws by providing false and misleading information – as well as by omitting facts – concerning the granting of stock options to certain officers and directors of the Company. The information provided – as well as the lack thereof – caused the price of the Company's common stock to become artificially inflated. As the truth came out, the price of UnitedHealth stock fell dramatically. Shareholders of the class are seeking to recover damages for the loss of value of their stock. As several cases have been filed, a Court hearing to appoint a Lead Plaintiff is scheduled to be held on August 7, 2006. If you are an institutional investor or an individual who purchased UnitedHealth stock during the above class period and suffered significant losses, you may want to consider serving as Lead Plaintiff to direct this litigation. If you would like additional information about the case, or would be interested in serving as Lead Plaintiff, please contact one of our securities attorneys by clicking here.

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