SAN DIEGO, Sept. 9, 2019 /PRNewswire/ -- Shareholder Rights
Law Firm Johnson Fistel, LLP is investigating potential violations
of federal and state laws by Centene Corporation ("Centene")
(NYSE: CNC) and certain of its officers.
A class action case was filed in the Eastern District of
Missouri against Centene and
certain of its officers and directors seeking to pursue remedies
under sections 10(b) and 20(a) of the Exchange Act. The class
period is from May 24, 2016 and
July 25, 2016. The case arises
from Defendants' false and misleading statements regarding
Centene's merger with California-based Health Net, and the Company's
understatement of Health Net's liabilities by approximately
$400 million. On August 30, 2019 Judge Audrey G. Fleissig granted and denied defendants
motion to dismiss.
If you are a long-term shareholder of Centene continuously
holding shares before July 2,
2015, you may have standing to hold Centene
harmless from the alleged harm caused by the officers and directors
of the Company by making them personally responsible. You may also
be able to assist in reforming the Company's corporate governance
to prevent future wrongdoing.
If you are interested in learning more about your legal
rights and remedies, please contact Jim
Baker (jimb@johnsonfistel.com) at
619-814-4471. If you email, please include your phone
number.
Additionally, you can [click here to join this
action]. There is no cost or obligation to you.
About Johnson Fistel,
LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York, and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[Click here to join this action].
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SOURCE Johnson Fistel, LLP