COMPANY |
Centene Corporation |
COURT |
United States District Court for the Southern District of New York |
CASE NUMBER |
1:25-cv-05659 |
JUDGE |
The Hon. Andrew Lamar Carter Jr. |
CLASS PERIOD |
December 12, 2024, through June 30, 2025 |
SECURITY TYPE |
Securities |
Case Background:
A class action lawsuit was filed on behalf of those who purchased or otherwise acquired Centene Corporation (“Centene”) (NYSE: CNC) securities between December 12, 2024, and June 30, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material facts about the company’s business, operations, and prospects. Specifically, Defendants misrepresented and/or failed to disclose that: (1) Centene’s marketplace share showed lower-than-anticipated enrollment and increased aggregate market morbidity; and (2) as a result, Defendants’ statements about the company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On July 9, 2025, the Initial Complaint was filed. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.