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Investigation announced for Long-Term Investors in shares of Centene Corporation (NYSE: CNC)

06-06-2020 12:27 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Centene Corporation (NYSE: CNC) shares over potential wrongdoing at Centene Corporation

An investigation on behalf of investors in Centene Corporation (NYSE: CNC) shares over potential wrongdoing at Centene Corporation

An investigation was announced over potential breaches of fiduciary duties by certain directors at Centene Corporation.

Investors who purchased shares of Centene Corporation (NYSE: CNC) and currently hold any of those NYSE: CNC shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Centene Corporation directors breached their fiduciary duties and caused damage to the company and its shareholders.

St. Louis, MO based Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation reported that its annual Total Revenue rose from over $60.11 billion in 2018 to over $74.63 billion in 2019, and that its Net Income increased from $900 million in 2018 to as high as $1.32 billion in 2019.

Shares of Centene Corporation (NYSE: CNC) declined from $73.21 per share in April 2020 to $62.37 per share on May 27, 2020.

Those who purchased shares of Centene Corporation (NYSE: CNC), have certain options and should contact the Shareholders Foundation.

Media Contact:
Christopher Clausen
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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