INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Claims against Centene Corp. & Advises Investors with Losses to...
October 05 2016 - 9:11PM
Business Wire
Goldberg Law PC announces that it is investigating Centene Corp.
(“Centene” or the “Company”) (NYSE: CNC) concerning possible
violations of federal securities laws.
If you purchased or otherwise acquired Centene shares and would
like more information regarding the investigation, we advise you to
contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999
Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The investigation focuses 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 news was announced, Centene shares fell in
value.
If you have any questions concerning your legal rights, please
immediately contact Goldberg Law PC at 800-977-7401, or visit our
website at http://www.Goldberglawpc.com, or email us at
info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161005006558/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comhttp://www.Goldberglawpc.com
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