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INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Centene Corporation (CNC) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-07-15 19:04
SAN DIEGO, July 15, 2025 (GLOBE NEWSWIRE) -- The law firm of 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 as well as certain of Centene’s 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 cl ...
Centene Corporation Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights - CNC
Prnewswire· 2025-07-15 15:47
LOS ANGELES, July 15, 2025 /PRNewswire/ -- The DJS Law Group announces that it is investigating claims on behalf of investors of Centene Corporation ("Centene" or "the Company") (NYSE: CNC) for violations of the securities laws. DJS Law Group INVESTIGATION DETAILS: The investigation focuses on whether the Company issued misleading statements and/or failed to disclose information pertinent to investors. The Wall Street Journal published an article on July 1, 2025, titled: "Centene Shares Plunge After Pu ...
CNC Investors Have the Opportunity to Lead the Centene Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-07-15 14:14
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Centene To Contact Him Directly To Discuss Their OptionsIf you purchased or acquired securities in Centene between December 12, 2024 and June 30, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, July 15, 2025 /PRNewswire/ -- Faruqi & Faruqi ...
Lost Money on Centene Corporation(CNC)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-07-15 13:00
NEW YORK, July 15, 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-sub ...
CNC Investors Have Opportunity to Join Centene Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-07-15 12:35
Core Viewpoint - The Schall Law Firm is investigating Centene Corporation for potential violations of securities laws, particularly regarding misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on whether Centene issued false or misleading statements and failed to disclose critical information to investors [2]. - A Seeking Alpha report indicated that Centene's shares declined after the company withdrew its 2025 earnings guidance, citing higher-than-expected costs related to Medicaid enrollees and underperformance in its Affordable Care Act plans [2]. - Following the announcement, Centene's shares fell by more than 39.5% during intraday trading on the same day [2]. Group 2: Company Background - Centene Corporation is involved in providing healthcare services, particularly through Medicaid and Affordable Care Act plans [2]. - The company reported a significant increase in medical cost trends in areas such as behavioral health, home health, and high-cost drugs [2].
Centene Corporation (CNC) Faces Shareholder Ire Amidst Plummeting Stock and Lawsuit Over "Inflated Guidance" - Hagens Berman
Prnewswire· 2025-07-15 12:34
Core Viewpoint - Centene Corporation is facing a class action lawsuit due to allegations of misleading investors about its financial health and growth prospects, leading to a significant drop in stock price [1][3][5]. Group 1: Lawsuit Details - The lawsuit, titled Lunstrum v. Centene Corporation, seeks to represent investors who acquired Centene securities between December 12, 2024, and June 30, 2025, alleging violations of the Securities Exchange Act of 1934 [1][2]. - The allegations center around claims that Centene and its executives provided an overly optimistic view of the company's financial situation, particularly regarding revenue outlook and enrollment rates [3][4]. Group 2: Financial Impact - On July 1, 2025, Centene withdrew its 2025 guidance, stating that market growth across 22 states, which accounts for 72% of its marketplace membership, was "lower than expected," leading to a revised guidance of approximately $1.8 billion or an adjusted diluted EPS of $2.75 [4]. - Following this announcement, Centene's stock price fell by more than 40%, resulting in billions of dollars in lost shareholder value [5]. Group 3: Investigative Actions - Hagens Berman, a national shareholders rights firm, is investigating the claims and encourages affected investors to report their losses [2][6]. - The firm suggests that if the allegations are proven true, they indicate a disconnect between Centene's public statements and its actual performance metrics [6].
Superior HealthPlan Invests $700,000 to Offer Community Hygiene Closets in Texas
Prnewswire· 2025-07-15 11:00
Core Insights - Superior HealthPlan has been providing community hygiene closets since 2020 to support families in need across Texas [2][3] - The initiative has received over $700,000 in funding to assist communities, addressing the lack of personal care items not covered by SNAP [3][4] - Superior HealthPlan is a leading managed care organization serving 2 million people in Texas and has contributed $11.9 million in grants and sponsorships since 2020 [8] Program Details - The community hygiene closets are stocked with essential personal care products and are offered at no cost [1][4] - Currently, the initiative operates in 20 communities, with nearly 30 hygiene closets supported in 2025 [5][6] - The program was introduced during the early stages of the COVID-19 pandemic and expanded based on positive feedback from the community [4] Community Impact - The initiative is crucial for low-income families, as personal care items are not included in SNAP benefits, which serve approximately 3.5 million low-income Texans [3] - Local organizations, such as the NET Health Women, Infants and Children (WIC) department, express appreciation for the support provided by Superior HealthPlan [5] - Superior HealthPlan employs 3,500 individuals across Texas, emphasizing local involvement in all 254 counties [8]
CNC Investors Have Opportunity to Lead Centene Corporation Securities Fraud Lawsuit
Prnewswire· 2025-07-14 23:11
NEW YORK, July 14, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Centene Corporation (NYSE: CNC) between December 12, 2024 and June 30, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2025.So What: If you purchased Centene securities during the Class Peri ...
Investors in Centene Corporation Should Contact Levi & Korsinsky Before September 8, 2025 to Discuss Your Rights – CNC
GlobeNewswire News Room· 2025-07-14 20:30
NEW YORK, July 14, 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 ...
Why Centene's 40% Drop Doesn't Necessarily Signal A Buy
Benzinga· 2025-07-14 16:34
Centene Corp. CNC has dropped over 40% in recent sessions, and the decline may be more than just a market reaction. A closer look through the lens of the Adhishthana Principles reveals structural issues that could lead to prolonged underperformance.Monthly Chart: A Breakdown That Changed EverythingUnder the Adhishthana framework, stocks typically build a formation called the Adhishthana Cakra between Phases 4 and 8, a structure resembling a channel with an arc. Ideally, the stock breaks out of this channel ...