Class Action Filed Against Centene Corporation – Investors with Losses Encouraged to Contact Johnson Fistel
Shareholder rights law firm Johnson Fistel, PLLP announces that a class action lawsuit has been filed on behalf of investors who purchased shares of Centene Corporation (NYSE: CNC) between December 12, 2024 to June 30, 2025, inclusive (the “Class Period”). If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2025.
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The class action lawsuit alleges that defendants made false and/or misleading statements and/or failed to disclose that: (1) Centene had misrepresented the adequacy of its reserves and the trends affecting its Medicaid business; (2) Centene had failed to disclose serious adverse trends in Medicaid enrollment and mix; (3) Centene had overstated the Company’s Medicaid performance outlook; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times.
