IMPORTANT INVESTOR ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit Against Centene Corp. & Encourages Inve...
November 19 2016 - 2:24PM
Business Wire
Khang & Khang LLP (the “Firm”) announces a class action
lawsuit against Centene Corporation (“Centene” or the “Company”)
(NYSE: CNC). Investors who purchased or otherwise acquired shares
between April 26, 2016 and September 6, 2016 inclusive (the “Class
Period”), are encouraged to contact the Firm in advance of the
January 13, 2017 lead plaintiff motion deadline.
If you purchased shares of Centene during the Class Period,
please contact Joon M. Khang, Esquire, of Khang & Khang LLP,
18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone:
(949) 419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until
certification occurs, you are not represented by an attorney. You
may choose to take no action and remain a passive class member.
The complaint alleges that Centene made materially false and
misleading statements concerning the acquisition of Health Net,
Inc. on March 24, 2016, as well as failed to disclose: that certain
Health Net insurance programs were significantly underperforming,
which led to the need to increase reserves to offset losses caused
by these programs; that Centene overstated the financial prospects
of Health Net; and that as a result of the above, the Company’s
statements about its business, operations, and prospects were false
and misleading and/or lacked a reasonable basis at all relevant
times.
If you wish to learn more about this lawsuit at no
charge, or if you have any questions regarding this notice or your
rights, please contact Joon M. Khang, a prominent litigator for
almost two decades, by telephone: (949) 419-3834, or by e-mail at
joon@khanglaw.com.
This press release may constitute Attorney Advertising in some
jurisdictions.
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version on businesswire.com: http://www.businesswire.com/news/home/20161119005013/en/
Khang & Khang LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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