If you purchased or otherwise acquired Centene shares and would like more information regarding the investigation, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at firstname.lastname@example.org.
The investigation focuses on statements made after Centene’s acquisition of Health Net, Inc. on March 24, 2016. In the months after the acquisition, the Company told investors that there were no negative developments in the Health Net medical reserves. On July 26, 2016, Centene announced that it increased reserves for medical claims associated with disputed costs for substance abuse treatment centers and that it recorded “premium deficiency reserves primarily associated with Arizona and the California individual PPO business.” When this news was announced, Centene shares fell in value.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at email@example.com.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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