The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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10/17/2006
Backdating Bites United Health Group
United Health has announced a parting of the ways with CEO William McGuire. Accompanying McGuire in his departure are William G. Spears, a company directory who was responsible for executive compensation oversight and United Health General Counsel, David J. Lubben. The departure news comes as word gets out that option dating at UHG was likely manipulated for the benefit of certain executives.

The details, here.

-- MDT
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