#USA #New York #Class Action #Securities Fraud #Centene Corporation

Centene Corporation Securities Class Action Lawsuit

On August 19, 2025, Levi & Korsinsky, LLP informed investors of a class-action lawsuit against Centene Corporation (NYSE: CNC). The lawsuit comes in response to claims of securities fraud that purportedly affected Centene shareholders from December 12, 2024, to June 30, 2025.

Overview of the Case

According to the filing, the complaint alleges that Centene’s management made overly optimistic statements about the company's performance while simultaneously concealing crucial information about its financial health. This misrepresentation left investors unaware of the reality regarding Centene's enrollment and morbidity rates.

The situation escalated when, on July 1, 2025, Centene issued a press release retracting its financial guidance for the year. Following an analysis of the Health Insurance Marketplace, the company disclosed that its anticipated growth in 22 states fell short of expectations. Consequently, they revised their guidance to approximately $1.8 billion, adjusting their earnings per share (EPS) forecast down to $2.75.

This sudden dip in anticipated performance led to a dramatic decline in Centene’s stock price—from a closing value of $56.65 per share on July 1 to $33.78 on July 2, a staggering 40.4% decrease in just one day.

Next Steps for Affected Investors

For investors who suffered losses during the specified period, it is crucial to know that they have until September 8, 2025, to request to be appointed as lead plaintiffs in this class action. It's essential to note that participating in a recovery does not require being a lead plaintiff, making it accessible for more investors to join the action without financial risk.

Zero Cost Participation

Claimants in this class action lawsuit are assured that they will not incur any direct expenses. Eligible shareholders may receive compensation without having to pay any upfront costs or fees. Levi & Korsinsky makes it clear that there is no obligation to participate, ensuring that every aggrieved investor has the opportunity to recover from the alleged securities violations.

The Levi & Korsinsky Advantage

Over the past two decades, Levi & Korsinsky has exemplified success in securing financial restitution for shareholders. The firm is renowned for its proficiency in handling complex securities litigation cases, having amassed hundreds of millions of dollars in settlements for its clients. They maintain a highly skilled team with over 70 dedicated employees focused on serving shareholder needs. Levi & Korsinsky is consistently ranked among the top securities litigation firms in the United States by ISS Securities Class Action Services.

Contact Information

Investors wishing to know more about this class action lawsuit are encouraged to reach out to Levi & Korsinsky for further information. Joseph E. Levi, Esq., can be contacted via the firm’s office:

• - Address: 33 Whitehall Street, 17th Floor, New York, NY 10004
• - Email: [email protected]
• - Phone: (212) 363-7500

Shareholders of Centene Corporation now have a crucial opportunity to join this class action lawsuit to seek redress for the losses incurred. Time is of the essence, so interested individuals are advised to take prompt action and get in touch with Levi & Korsinsky to secure their potential recovery.