Wednesday, December 4, 2024

"UnitedHealthcare CEO Brian Thompson was facing DOJ probe for insider trading when he was killed in targeted NYC shooting"

The New York Post has seven or eight articles on the story.

That might be a bit tabloid-y but on the other hand it's not every day the CEO of a major division of a $560 billion market cap, DJI component company is assassinated on a city street.

From the Post, 4:17 p.m. ET:

UnitedHealthcare CEO Brian Thompson was one of several senior executives at the company under investigation by the Department of Justice when he was gunned down outside a Manhattan hotel on Wednesday.

Thompson — who was killed in what police called a targeted shooting outside the Hilton hotel in Midtown — exercised stock options and sold shares worth $15.1 million on Feb. 16, less than two weeks before news of the federal antitrust probe went public, according to a Crain’s New York Business report from April.

The stock price dropped sharply after the revelation that the DOJ was investigating whether the company had made acquisitions that consolidated its market position in violation of antitrust laws, a source familiar with the probe told the outlet....

....MUCH MORE including maps of the escape route, still and video images of the pistol equipped with a suppressor and quite a bit more.

This morning:

"UnitedHealthcare CEO Brian Thompson fatally shot outside Hilton hotel in Midtown in possible targeted attack: sources" (UNH)