Unitedhealth group stock option backdating interracial dating central complaints

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Under United Health's current rules, the hit to profits would be much smaller -- up to 0 million.But either way the reduction will be in the form of a non-cash charge, the company says.Essentially, it's a bookkeeping adjustment, as far as Wall Street is concerned.Meanwhile, United Health forecasts that its profit next year will rise more than 13 percent to .7 billion Analyst Dave Heupel at Thrivent Financial for Lutherans says Wall Street believes United Health is definitely putting the options issue in its past. It doesn't really affect their future earnings stream in a serious way," he said.A company investigation found he may have backdated stock options worth hundreds of millions of dollars. At Tuesday's meeting, United Health's new CEO, Stephen Hemsley, apologized to investors again for the stock-option mess.Backdating allows a buyer to purchase a stock for a past, lower price. "I can only say how deeply we regret the shortcomings in the administration of our stock option programs," he said.And he doubts Mc Guire's departure will unglue the company."It's never easy to replace someone who's been such an integral part of a company's success, but they have a very talented group of senior managers.

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"What they wanted and needed to hear was a return to the operations and the focus on the ability of this company to grow earnings and sales for the next year and years to come. The company faces investigations by securities regulators, federal prosecutors and the IRS, as well as a slew of lawsuits.

Both Mc Guire and his replacement have agreed to reprice their stock options to eliminate any gain from backdating.

Backdating involves using the benefit of hindsight to select the effective date and price of an option.

Wall Street responded by sending United Health's stock up about four percent. During that time, United Health earned nearly billion.

That figure may be reduced by up to

"What they wanted and needed to hear was a return to the operations and the focus on the ability of this company to grow earnings and sales for the next year and years to come. The company faces investigations by securities regulators, federal prosecutors and the IRS, as well as a slew of lawsuits.

Both Mc Guire and his replacement have agreed to reprice their stock options to eliminate any gain from backdating.

Backdating involves using the benefit of hindsight to select the effective date and price of an option.

Wall Street responded by sending United Health's stock up about four percent. During that time, United Health earned nearly $14 billion.

That figure may be reduced by up to $1.7 billion under the accounting rules the company used during that period.

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"What they wanted and needed to hear was a return to the operations and the focus on the ability of this company to grow earnings and sales for the next year and years to come. The company faces investigations by securities regulators, federal prosecutors and the IRS, as well as a slew of lawsuits.Both Mc Guire and his replacement have agreed to reprice their stock options to eliminate any gain from backdating.Backdating involves using the benefit of hindsight to select the effective date and price of an option.Wall Street responded by sending United Health's stock up about four percent. During that time, United Health earned nearly $14 billion.That figure may be reduced by up to $1.7 billion under the accounting rules the company used during that period.

.7 billion under the accounting rules the company used during that period.

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