#USA #New York #Class Action #Gross Law Firm #Centene Corporation

Overview of the Situation

On August 21, 2025, The Gross Law Firm issued an important notice to shareholders of Centene Corporation (NYSE: CNC), urging those who purchased shares between December 12, 2024, and June 30, 2025, to consider their legal rights. The firm is currently seeking lead plaintiffs in a potential class action lawsuit. Shareholders interested in participating should contact the firm immediately, as the deadline to file is September 8, 2025.

Allegations Against Centene

The allegations against Centene Corporation center around claims that the company made misleading statements to investors. This includes allegations of providing overly optimistic statements regarding their enrollment figures and morbidity rates while concealing material facts. The situation escalated on July 1, 2025, when Centene issued a press release retracting its previous guidance for 2025, hinting that the overall market growth in the Health Insurance Marketplace had fallen short of expectations. The company reported a significant reduction in expected revenues, revising its guidance downward to about $1.8 billion and an adjusted diluted EPS of $2.75.

Impact on Share Prices

This revelation had severe consequences for Centene's stock price. From a closing market price of $56.65 on July 1, 2025, the value plummeted by 40.4%, falling to $33.78 the following day. This drastic decline underscores the seriousness of the allegations and the potential financial impact on shareholders.

Next Steps for Shareholders

For shareholders who believe they may have been affected, it is critical to act fast. Registering as a shareholder eligible for this class action is straightforward; you’ll be added to a portfolio monitoring system that will keep you informed about the case's status.

Importantly, there are no financial obligations required to participate in this case, making it accessible for all impacted investors. To begin the process, investors can fill out the registration form on The Gross Law Firm’s website.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for its commitment to protecting investor rights. Their mission revolves around upholding ethical business practices and ensuring companies are held accountable for any fraudulent or manipulative actions. This legal team is experienced in navigating the complexities of class action lawsuits and aims to recover losses for all investors involved. Whether or not you seek lead plaintiff status, The Gross Law Firm encourages participation to ensure collective action against fraudulent business practices.

Contact Information

For more information, shareholders can reach out directly to The Gross Law Firm at:

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

Conclusion

In conclusion, if you purchased shares of Centene Corporation during the specified timeframe, it's crucial to act promptly. Contact The Gross Law Firm to discuss your options and engage in this potential class action lawsuit. Protect your rights as an investor and take proactive steps before the deadline of September 8, 2025.