CNC ALERT: Centene (CNC) Sued as Investors Allege Company Concealed Financial Risks – Hagens Berman
1. A class-action lawsuit filed against Centene alleges misleading business projections. 2. Investors claim Centene hid weaknesses in health market enrollment data. 3. Stock price fell over 40% after financial guidance was abruptly withdrawn. 4. Second-quarter report showed a diluted loss per share of -$0.51. 5. Hagens Berman is investigating potential damages to investors.