Investigation announced for Investors who hold shares of Centene Corporation (NYSE: CNC) over potential Wrongdoing

An investigation was announced for current long-term investors in shares of Centene Corporation (NYSE: CNC) concerning potential breaches of fiduciary duties by certain directors of Centene Corporation.

Investors who are current long term investors in Centene Corporation (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 for current long term investors in NYSE: CNC stocks follows a lawsuit filed against Centene Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: CNC stocks, concerns whether certain Centene Corporation directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants provided investors with material information concerning Centene's expected revenue guidance and adjusted diluted EPS for fiscal year 2025, that the Defendants' statements included, among other things, confidence in the Company's enrollment and morbidity rates, as well as strong retention rates in Centene's Medicare business, that the Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Centene's enrollment and morbidity rates, and that such statements absent these material facts caused Plaintiff and other shareholders to purchase Centene's securities at artificially inflated prices.

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

Contact:
Michael Daniels
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 lawsuits, 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.

This release was published on openPR.