IMPORTANT INVESTOR NOTICE: Lundin Law PC Announces an Investigation of Centene Corp. & Advises Investors with Losses to Conta...
September 09 2016 - 4:28PM
Business Wire
Lundin Law PC (http://lundinlawpc.com/) announces that it is
investigating claims against Centene Corp. (“Centene” or the
“Company”) (NYSE: CNC) concerning possible violations of federal
securities laws.
To get more information about this investigation, please contact
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via
email at brian@lundinlawpc.com.
The investigation centers on statements made after Centene’s
acquisition of Health Net, Inc. on March 24, 2016. In the months
after the acquisition, the Company told investors that there were
no negative developments in the Health Net medical reserves. On
July 26, 2016, Centene announced that it increased reserves for
medical claims associated with disputed costs for substance abuse
treatment centers and that it recorded “premium deficiency reserves
primarily associated with Arizona and the California individual PPO
business.” When this information was released, Centene shares fell
in value.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: http://www.businesswire.com/news/home/20160909005923/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
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