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Israel Sanchez v. Centene Corp. et al
Case Number:
4:17-cv-00806
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 13, 2020
Centene Strikes $7.5M Settlement Over $6.8B Health Net Buy
Centene Corp. has agreed to pay $7.5 million to resolve a putative securities class action alleging it lied about the financial well-being of Health Net before acquiring it in a $6.8 billion merger.
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March 12, 2018
Centene Hit With Suit Over $6.8B Health Net Buy
An investor and a police pension fund hit Centene Corp. with a derivative lawsuit in Missouri federal court on Friday, claiming the Medicaid insurer knowingly misstated Health Net's business before its $6.8 billion merger and hid the fact that it was taking on millions in liability.