Centene(CNC)
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ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Centene Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – CNC
GlobeNewswire News Room· 2025-07-18 21:35
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Centene Corporation securities during the specified Class Period, indicating potential legal issues for the company related to misleading statements about its financial performance [1][5]. Group 1: Lawsuit Details - The class action lawsuit is filed for investors who purchased Centene common stock between December 12, 2024, and June 30, 2025, and aims to provide compensation without out-of-pocket fees through a contingency fee arrangement [2][5]. - The lawsuit alleges that Centene's management provided materially false and misleading information regarding the company's expected revenue guidance and adjusted diluted earnings per share (EPS) for the 2025 fiscal year, while concealing adverse facts about enrollment and morbidity rates [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions, highlighting the Rosen Law Firm's achievements in this area, including significant settlements and recognition in the legal community [4]. - The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone, showcasing its capability in handling such cases [4]. Group 3: Next Steps for Investors - Investors wishing to join the class action can do so by visiting the provided link or contacting the firm directly for more information [3][6]. - It is noted that no class has been certified yet, meaning investors are not represented unless they retain counsel, and participation as a lead plaintiff is not necessary for potential recovery [7].
DEADLINE ALERT for HIMS, IRBT, CNC: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
GlobeNewswire News Room· 2025-07-18 16:00
Core Viewpoint - Class action lawsuits have been filed on behalf of shareholders of several publicly-traded companies, with specific allegations of misleading statements and failure to disclose critical information during designated class periods [1]. Company Summaries Hims & Hers Health, Inc. (NYSE: HIMS) - Class Period: April 29, 2025 – June 23, 2025 - Lead Plaintiff Deadline: August 25, 2025 - Allegations include deceptive promotion of illegitimate versions of Wegovy, risking patient safety, and potential termination of collaboration with Novo Nordisk, leading to materially misleading statements about the company's business and prospects [2]. iRobot Corporation (NASDAQ: IRBT) - Class Period: January 29, 2024 – March 11, 2025 - Lead Plaintiff Deadline: September 5, 2025 - Allegations state that iRobot overstated the effectiveness of its Restructuring Plan post-Amazon Acquisition, raising doubts about its ability to operate profitably as a standalone entity, resulting in misleading statements regarding its business and operations [3]. Centene Corporation (NYSE: CNC) - Class Period: December 12, 2024 – June 30, 2025 - Lead Plaintiff Deadline: September 8, 2025 - Allegations indicate that a preliminary analysis revealed lower-than-expected enrollment and increased market morbidity, leading to misleading statements about the company's business and prospects [4].
CNC SECURITIES FRAUD: Centene Corporation (NYSE:CNC) 40% Stock Drop Triggers Class Action Lawsuit – Contact BFA Law by September 8 Legal Deadline
GlobeNewswire News Room· 2025-07-18 13:07
Core Viewpoint - A lawsuit has been filed against Centene Corporation and its senior executives for potential violations of federal securities laws, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [1][2]. Company Overview - Centene Corporation is a healthcare company that provides services to consumers enrolled in government-sponsored healthcare programs such as Medicaid and Medicare, as well as those purchasing insurance under the Affordable Care Act [3]. Financial Guidance and Performance - On December 12, 2024, Centene announced financial guidance for fiscal year 2025, claiming stability in earnings despite challenges [4]. - The company increased its 2025 guidance on February 4, 2025, citing enrollment overperformance, and again on April 25, 2025, due to strong growth in enrollment and retention [4]. - However, the actual market conditions showed lower than expected enrollment growth and increased morbidity rates in the majority of the states served by Centene [4]. Stock Market Reaction - On July 1, 2025, Centene withdrew its previous guidance after an independent actuarial report revealed lower than expected market growth and higher morbidity rates, leading to a significant stock price drop of $22.87 per share, or over 40%, from $56.65 to $33.78 [5].
Class Action Filed Against Centene Corporation (CNC) - September 8, 2025 Deadline to Join - Contact Levi & Korsinsky
Prnewswire· 2025-07-18 12:45
Core Viewpoint - Centene Corporation is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between December 12, 2024, and June 30, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Centene's management provided overly positive statements while concealing adverse facts about the company's enrollment and morbidity rates [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 on July 1, 2025, to $33.78 per share on July 2, 2025, marking a decline of 40.4% [2] Group 2: Next Steps for Investors - Investors who suffered losses during the relevant period have until September 8, 2025, to request to be appointed as lead plaintiff in the lawsuit [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP 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 United States [4]
Centene Corporation Sued for Securities Law Violations - Contact Levi & Korsinsky Before September 8, 2025 to Discuss Your Rights – CNC
GlobeNewswire News Room· 2025-07-17 20:15
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- 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 ...
Deadline Alert: Centene Corporation (CNC) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
GlobeNewswire News Room· 2025-07-17 16:00
LOS ANGELES, July 17, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming September 8, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Centene Corporation (“Centene” or the “Company”) (NYSE: CNC) securities between December 12, 2024 to June 30, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR CENTENE INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO ...
Investors who lost money on Centene Corporation(CNC) should contact The Gross Law Firm about pending Class Action - CNC
Prnewswire· 2025-07-17 13:00
NEW YORK, July 17, 2025 /PRNewswire/ -- 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=156864&from=4CLASS PERIOD: December 12, 2024 ...
特朗普新法案重创医疗板块!美银下调Centene(CNC.US)和HCA医疗(HCA.US)评级
智通财经网· 2025-07-17 06:53
Group 1 - Bank of America downgraded Centene's rating from "Neutral" to "Underperform" with a target price cut from $52 to $30 due to concerns over the impact of the recently signed "Big Beautiful Law" by President Trump [1] - The downgrade is attributed to expected slow growth in the Medicaid market and the potential expiration of exchange subsidies this year, which poses dual pressures on Centene [1] - Analyst Joanna Gajuk indicated that significant changes in risk pools are expected to lead to more downside than upside in exchange pricing risks by 2026, with adverse effects on Medicaid enrollment starting to manifest from 2027 [1] Group 2 - HCA Healthcare's rating was downgraded from "Buy" to "Neutral," with a slight target price adjustment from $410 to $394, as funding cuts from the ACA and Medicaid are anticipated to create headwinds [1] - The decline in insured individuals may result in slower growth in hospital visits and increased bad debt, although HCA is expected to be less affected than peers due to its scale advantages [2] - The law significantly raises the likelihood of the expiration of enhanced exchange subsidies, which is expected to create additional resistance in 2026 [2]
CNC Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Centene Corporation (CNC) - Contact Kessler Topaz Meltzer & Check, LLP
GlobeNewswire News Room· 2025-07-16 20:06
RADNOR, Pa., July 16, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Centene Corporation (“Centene”) (NYSE: CNC) on behalf of those who purchased or otherwise acquired Centene securities between December 12, 2024, and June 30, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is September 8, 2025. ...
Contact The Gross Law Firm by September 8, 2025 Deadline to Join Class Action Against Centene Corporation(CNC)
GlobeNewswire News Room· 2025-07-16 13:15
Core Viewpoint - Centene Corporation is facing a class action lawsuit due to allegations of providing misleading statements regarding its enrollment and morbidity rates, which led to a significant decline in its stock price after the company withdrew its 2025 guidance [3][4]. Summary by Sections Allegations - The complaint alleges that Centene's management made overwhelmingly positive statements while concealing material adverse facts about the company's true state of enrollment and morbidity rates [3]. - On July 1, 2025, Centene issued a press release withdrawing 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 [3]. - Following this announcement, Centene's stock price plummeted from $56.65 per share on July 1, 2025, to $33.78 per share on July 2, 2025, marking a decline of 40.4% [3]. Class Action Details - The class period for the lawsuit is defined as December 12, 2024, to June 30, 2025 [3]. - Shareholders are encouraged to register for the class action by September 8, 2025, to potentially be appointed as lead plaintiffs [4]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].