#United States #New York #Gross Law Firm #securities lawsuit #Centene Corporation

Centene Corporation Sued for Securities Law Violations

On August 18, 2025, the Gross Law Firm announced a lawsuit against Centene Corporation (NYSE: CNC) on behalf of its shareholders. The firm is particularly urging those who purchased shares of Centene within the class period of December 12, 2024, to June 30, 2025, to reach out and explore their legal options.

Allegations Against Centene

The lawsuit claims that Centene's executives made excessively optimistic statements regarding the company's growth and performance. However, it is alleged that they were simultaneously withholding crucial information that inaccurately represented the company's enrollment figures and morbidity rates. This situation escalated on July 1, 2025, when Centene retracted its guidance for 2025, leading to skepticism among investors. An evaluation of the Health Insurance Marketplace for 2025 showed that Centene's overall market growth across 22 states—72% of the company’s marketplace membership—was not up to expectations.

In light of this analysis, Centene's previously announced projections were significantly downgraded to $1.8 billion, corresponding to an adjusted diluted EPS of $2.75. The fallout from this announcement was stark: on July 1, Centene's stock price plummeted from $56.65 per share to $33.78 the following day, marking a staggering decrease of 40.4%.

Investor Actions and Deadlines

The deadline for investors to participate in this class action lawsuit is September 8, 2025. Shareholders are highly encouraged to register and consider seeking lead plaintiff status, although participation in the case does not require this designation.

Once registered, shareholders will be enrolled in a portfolio monitoring system that will provide status updates throughout the litigation process. Importantly, there is no associated cost or obligation for investors to take part in this lawsuit.

Why Choose The Gross Law Firm?

The Gross Law Firm is renowned for its focus on investor rights and holds a strong commitment to advocating for those affected by deceptive business practices. Their mission revolves around holding corporations accountable to their shareholders and ensuring responsible corporate behavior. Investors who have incurred losses due to false or misleading statements are encouraged to seek the firm’s assistance in recovering their losses.

The Gross Law Firm emphasizes that past results do not guarantee similar outcomes in current or future cases, but they remain dedicated to fighting for investor rights.

Contact Information

For more information or to discuss your situation, investors can reach out to The Gross Law Firm via:

• - Phone: (646) 453-8903
• - Email: [email protected]
• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018

In conclusion, shareholders of Centene Corporation should take swift action to safeguard their rights and consider joining this important class action lawsuit before the September 8, 2025 deadline.