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IN RE UNITEDHEALTH GROUP INC.

No. A08-114.

754 N.W.2d 544 (2008)

In re UNITEDHEALTH GROUP INCORPORATED SHAREHOLDER DERIVATIVE LITIGATION. and In re UnitedHealth Group Incorporated PSLRA Litigation.

Supreme Court of Minnesota.

August 14, 2008.

Attorney(s) appearing for the Case

Garrett Dennis Blanchfield, Jr., Reinhardt Wendorf & Blanchfield, St. Paul, MN, for plaintiff.

Karl L. Cambronne, Minneapolis, MN, for plaintiff.

Andrew J. Brown, Coughlin Stoia, San Diego, CA, for plaintiff.

Barbara Podlucky Berens, Kelly & Berens, Minneapolis, MN, for defendant.

Peter William Carter, Marianne D. Short, Dorsey & Whitney, Minneapolis, MN, for defendant.

David L. Hashmall, Felhaber Larson, Minneapolis, MN, for defendant.

Richard G. Mark, Minneapolis, MN, for defendant.

Seth L. Levine, Foley & Lardner, New York, NY, for defendant.

Alexandra Shapiro, Blair Connelly, David M. Brodsky, Lori Alvino McGill, Latham & Watkins, New York, NY, for defendant.

Daniel John Supalla, Briggs and Morgan, Minneapolis, MN, for defendant.

Jeffrey Jerome Harrington, Assistant Attorney General, St. Paul, MN, amicus.

Vernon J. Vanderweide, Head, Seifert & Vanderweide, Minneapolis, MN, intervenor.

OPINION

ANDERSON, G. BARRY, Justice.

This case arises from a certified question from the United States District Court for the District of Minnesota regarding the extent to which a court, in deciding whether to approve a proposed settlement of a shareholder derivative action, must defer to the decision of a special litigation committee "SLC" that the derivative action should be settled on specific terms.

In 2006 the Wall Street Journal reported...

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