Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/cnc)
has commenced an investigation into potential securities law violations
by certain officers of Centene Corp. (“Centene” or the “Company”) (NYSE:
CNC). The investigation focuses on allegations that certain statements
issued by the Company regarding Centene’s business, operations and
financial condition were false and misleading.
Centene shareholders who purchased shares of Centene between February 7,
2011-June 8, 2012 should contact Richard A. Maniskas, Esquire at
877-316-3218 or at email@example.com
to learn more about this investigation.
On June 11, 2012, the Company’s stock price fell by the most in six
years after cutting its profit forecast because of higher-than-expected
medical costs. Centene is now predicting earnings of $1.45 to $1.65 per
share for 2012 versus a previous forecast of $2.64 to $2.84 per share.
In addition, the Company also disclosed that expenses were above
projections for commercial polices sold by its Celtic Insurance unit and
Centene is now evaluating goodwill and intangible assets at the unit
that may result in a non-cash charge of about $28 million.
If you purchased Centene shares and would like to learn more about these
claims or if you wish to discuss these matters and have any questions
concerning this announcement or your rights, contact Richard A.
Maniskas, Esquire toll-free: (877) 316-3218 or visit: www.rmclasslaw.com/cases/cnc.
You may also email Mr. Maniskas at firstname.lastname@example.org.
For more information about class action cases in general, please visit
our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal