Molina Healthcare(US:MOH) Prnewswireยท2025-10-12 13:30Core Viewpoint - A securities class action lawsuit has been filed against Molina Healthcare, Inc. for allegedly making false and misleading statements regarding its financial health and operational assumptions during the specified Class Period from February 5, 2025, to July 23, 2025 [1][2]. Allegations Against Defendants - The complaint claims that Molina's management failed to disclose material adverse facts about the company's medical cost trend assumptions [2]. - It is alleged that there was a dislocation between Molina's premium rates and medical cost trends, impacting the company's financial guidance for fiscal year 2025 [2]. - The lawsuit suggests that Molina's near-term growth relied on a lack of utilization of various health services, which was not adequately communicated to investors [2]. - As a result of these issues, the positive statements made by Molina's management regarding the company's business and prospects were misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in Molina have until December 2, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - The lead plaintiff will represent the interests of all class members and will select legal counsel to direct the litigation [3]. - Participation as a lead plaintiff does not affect an investor's ability to share in any potential recovery from the lawsuit [3].