INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Centene Corp. of Commencement of a Class Action Lawsuit & a Lea...
07 January 2017 - 4:02AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Centene Corp. (“Centene”)
(NYSE:CNC) between April 26, 2016 and
September 6, 2016.
You are hereby notified that a securities class action
lawsuit has been commenced in the United States District Court for
the Central District of California. If you purchased or otherwise
acquired Centene securities between April 26, 2016 and September 6,
2016, your rights may be affected by this action. To get more
information go to:
http://www.zlk.com/pslra/centene-corp
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to you.
The complaint alleges that during the Class Period, Centene made
materially false and misleading statements concerning the
acquisition of Health Net, Inc. and failed to disclose: (1) that
certain Health Net insurance programs were significantly
underperforming, which led to the need to increase reserves to
offset losses caused by these programs; (2) that Centene overstated
the financial prospects of Health Net; and (3) that as a result of
the above, the Company’s statements concerning its business,
operations, and prospects were false and misleading and/or lacked a
reasonable basis at all relevant times.
If you suffered a loss in Centene you have until
January 13, 2017 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn’t require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20170106005567/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq., 212-363-7500Toll
Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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