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Humana Brass Face Derivative Suit Alleging Illegal Kickbacks
By Jarek Rutz
A Humana Inc. shareholder is suing 12 current and former company leaders in Delaware Chancery Court, alleging they allowed the health insurer to pay more than $100 million in illegal broker kickbacks, to conceal worsening medical costs and Medicare Advantage plan quality, and to waste more than $1.5 billion buying back company stock at inflated prices.
Complaint attached |
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