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Judge considering settlement in McGuire stock backdating scandal

A federal judge is considering today whether to sign-off on a proposed settlement agreement in the UnitedHealth stock-backdating scandal, Minnesota Public Radio reports. Former CEO William McGuire has agreed to give up at least $400 million in stock options, but Judge James Rosenbaum has questioned whether the settlement is big enough. The Star Tribune reported in September that the judge has limited discretion.

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