NEW YORK--(BUSINESS WIRE)--Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, is investigating whether certain officers and directors of Centene Corporation (“Centene” or the “Company”) (NYSE:CNC) breached fiduciary duties owed to the Company and its shareholders. If you are a holder of Centene common stock, you are encouraged to contact a Scott+Scott attorney at (844) 818-6982 for additional information.
Centene is a multi-line managed care organization that provides medicaid and medicaid-related programs. The Company has health plans in several states. The Company also provides specialty services, including behavioral health, nurse triage, and treatment compliance.
On March 24, 2016, the Company completed the acquisition of Health Net, Inc. (“Health Net”) for approximately $6 billion, including the assumption of debt. The acquisition was accounted for as a business combination, which requires that assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date.
Scott+Scott is investigating whether the Company’s officers or members of Centene’s Board of Directors breached their fiduciary duties with respect to the Health Net merger and specifically with respect to Health Net’s liabilities.
What You Can Do
If you are a Centene shareholder, you may have legal claims against Centene’s officers and directors. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew at (844) 818-6982, or at firstname.lastname@example.org.
About Scott+Scott, Attorneys at Law, LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Connecticut, California, and Ohio.