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INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Centene Corporation (CNC) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
GlobeNewswire News Room· 2025-07-23 11:45
SAN DIEGO, July 23, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the Centene class action lawsuit – captioned Lunstrum v. Centene Corporation, No. 25-cv-05659 (S.D.N.Y.) – seeks to represent purchasers or acquirers of Centene Corporation (NYSE: CNC) securities and charges Centene and certain of Centene’s top executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Centene class action lawsuit, ...
Centene Corporation Class Action: Levi & Korsinsky Reminds Centene Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 8, 2025 – CNC
GlobeNewswire News Room· 2025-07-22 19:39
Core Viewpoint - Centene Corporation is facing a class action securities lawsuit due to alleged securities fraud that affected investors between December 12, 2024, and June 30, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Centene provided misleading statements about its enrollment and morbidity rates while concealing adverse facts [2] - On July 1, 2025, Centene withdrew its 2025 guidance, revealing that its market growth across 22 states was lower than expected, leading to a revised guidance of approximately $1.8 billion and an adjusted diluted EPS of $2.75 [2] - Following this announcement, Centene's stock price plummeted from $56.65 per share to $33.78 per share, marking a decline of 40.4% [2] Group 2: Investor Information - Investors who suffered losses during the relevant timeframe have until September 8, 2025, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]
Unveiling Centene (CNC) Q2 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2025-07-22 14:15
Wall Street analysts forecast that Centene (CNC) will report quarterly earnings of $0.68 per share in its upcoming release, pointing to a year-over-year decline of 71.9%. It is anticipated that revenues will amount to $44.27 billion, exhibiting an increase of 11.1% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 57.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of t ...
Investors who lost money on Centene Corporation(CNC) should contact Levi & Korsinsky about pending Class Action - CNC
Prnewswire· 2025-07-22 12:45
NEW YORK, July 22, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Centene Corporation ("Centene" or the "Company") (NYSE: CNC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Centene investors who were adversely affected by alleged securities fraud between December 12, 2024 and June 30, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/centene-corporation-lawsuit-submi ...
CNC DEADLINE: Lose Money on Centene Corporation (NYSE:CNC)? You may have been Affected by Fraud and are Urged to Contact BFA Law by September 8
GlobeNewswire News Room· 2025-07-22 12:36
NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Centene Corporation (NYSE: CNC) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Centene, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/centene-corporation-class-action-lawsuit. Investors have until September 8, 2025, to ask the ...
CNC Investors Have Opportunity to Lead Centene Corporation Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2025-07-22 09:29
Core Viewpoint - A class action lawsuit has been filed against Centene Corporation for alleged violations of securities laws, claiming the company made false and misleading statements regarding its growth and revenue forecasts [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between December 12, 2024, and June 30, 2025, during which investors are encouraged to contact the Schall Law Firm before September 8, 2025 [2]. - The complaint alleges that Centene misrepresented its ability to forecast growth and revenue, leading to a false impression of strong enrollment rates and low morbidity [4]. Group 2: Impact on Investors - The company's optimistic guidance was contradicted by an analysis revealing lower-than-expected enrollment and increased market morbidity, resulting in material misstatements throughout the class period [4]. - When the truth about Centene's performance became known, investors reportedly suffered damages [4].
Centene: The Cheapest Insurer I've Ever Seen
Seeking Alpha· 2025-07-22 06:34
Core Viewpoint - Centene's stock is currently trading at approximately 0.5 times its book value, presenting a significant investment opportunity [1] Group 1 - The market is providing an obvious opportunity with Centene, suggesting that the current valuation may be undervalued [1]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 8, 2025 in Centene Lawsuit – CNC
GlobeNewswire News Room· 2025-07-21 20:30
NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Centene Corporation (NYSE: CNC). Shareholders who purchased shares of CNC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/centene-corporation-loss-submission-form/?id=157203&from=3 CLASS PERIOD: December ...
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Centene Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – CNC
GlobeNewswire News Room· 2025-07-21 18:40
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Centene Corporation securities between December 12, 2024, and June 30, 2025, about the September 8, 2025, deadline to become a lead plaintiff in a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Centene common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [2][5] - The lead plaintiff must file a motion with the Court by September 8, 2025, to represent other class members in the litigation [2] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements [3] - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3] Group 3: Case Background - The lawsuit alleges that Centene's defendants provided misleading information regarding the company's expected revenue guidance and adjusted diluted earnings per share (EPS) for the 2025 fiscal year [4] - Positive statements about Centene's enrollment and morbidity rates were made while concealing material adverse facts about the true state of these metrics [4]
Centene Corporation (CNC) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-07-21 16:00
LOS ANGELES, July 21, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Centene Corporation ("Centene" or the "Company") (NYSE: CNC) have opportunity to lead the securities fraud class action lawsuit.IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CENTENE CORPORATION (CNC), CLICK HERE BEFORE SEPTEMBER 8, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.What Is The Lawsuit About? The complaint filed alleges that, betwe ...