UnitedHealthcare CEO Brian Thompson was brutally murdered in a targeted attack outside a Manhattan hotel on Wednesday.
Thompson, a high-profile executive in the health insurance industry, was reportedly under investigation by the Department of Justice (DOJ) for allegations of insider trading and attempting to thwart monopolistic practices within the healthcare sector.
Thompson, 50, was gunned down around 6:45 a.m. outside the Hilton hotel on Sixth Avenue, where he was scheduled to attend UnitedHealth Group’s annual investor conference.
Surveillance footage reveals a masked assailant approaching Thompson from behind and firing multiple shots before fleeing on an electric bike toward Central Park.
The New York Police Department reported that the attack appears to have been targeted, although the motives remain unclear. Thompson was pronounced dead at the scene after sustaining multiple gunshot wounds.
The NYPD is investigating the incident as a possible assassination, given Thompson’s high-profile status and the ongoing DOJ investigation.
Thompson, who became CEO of UnitedHealthcare in 2021, and other top executives had reportedly come under DOJ scrutiny in recent months.
In February, Thompson exercised stock options and sold shares worth $15.1 million, less than two weeks before news of a federal antitrust probe into UnitedHealth became public—a revelation that led to a sharp decline in the company’s stock price.
UnitedHealth Group’s chairman, Stephen Helmsley, Chief People Officer Erin McSweeney, and Chief Accounting Officer Tom Roos collectively also sold over $101.5 million in shares.
Helmsley alone reportedly netted nearly $85 million. These transactions, revealed in a Crain’s New York Business exposé, are now the subject of an intense DOJ probe into potential violations of insider trading laws.
Who knows why this man was assassinated? It could have been any number of things. Here are some things I have seen which reveal why people might be angry with Healthcare CEO's:
1 comment:
Shouldn't it be a conflict of interest that they own physician groups? It makes me queasy.
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