Class Action Filed Against Centene Corporation (CNC) Over Securities Violations - Contact Levi & Korsinsky Today

New York, New York--(Newsfile Corp. - July 30, 2025) - If you suffered a loss on your Centene Corporation investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:https://zlk.com/pslra-1/centene-corporation-lawsuit-submission-form?prid=158915&wire=5&utm_campaign=29or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212) 363-7500 to speak to our team of experienced shareholder advocates.THE LAWSUIT: A class action securities lawsuit was filed against Centene Corporation that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between December 12, 2024 and June 30, 2025.CASE DETAILS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Centene's enrollment and morbidity rates. Investors began to question the veracity of defendants' public statements on July 1, 2025, when Centene issued a press release withdrawing 2025 guidance. Particularly, following an analysis of the 2025 Health Insurance Marketplace, Centene's overall market growth across 22 states, or 72% of the Company's marketplace membership, was lower than expected. In pertinent part, the Company stated that this preliminary analysis resulted in a reduction of its previously issued guidance to approximately $1.8 billion or an adjusted diluted EPS of $2.75.Following this news, Centene's common stock declined dramatically, from a closing market price of $56.65 per share on July 1, 2025, Centene's stock price fell to $33.78 per share on July 2, 2025, a decline of 40.4%.WHAT'S NEXT? If you suffered a loss in Centene stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/centene-corporation-lawsuit-submission-form?prid=158915&wire=5&utm_campaign=29 to learn about your rights to seek a recovery. There is no cost or obligation to participate.WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.Ed Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171https://zlk.com/To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260736