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Class action lawsuits

Centene Corporation Securities Class Action Lawsuit Filed Over Misleading Revenue Guidance

Strategic Insights

— 1 min read

Purchasers of Centene Corporation's securities between December 12, 2024, and June 30, 2025, may be entitled to compensation due to allegedly misleading statements about the company's enrollment, morbidity rates, and revenue guidance. A class action lawsuit has been filed, and investors have until September 8, 2025, to move the court to serve as lead plaintiff.

Key Takeaways:

  • The lawsuit alleges that defendants provided material information about Centene's expected revenue guidance and adjusted diluted earnings per share for the 2025 fiscal year, while concealing adverse facts about the company's enrollment and morbidity rates.
  • Defendants' statements were allegedly false and misleading, causing investors to suffer damages when the true details entered the market.
  • Investors who purchased Centene common stock between December 12, 2024, and June 30, 2025, may be entitled to compensation without paying out-of-pocket fees or costs through a contingency fee arrangement.
  • The Rosen Law Firm is seeking to serve as lead counsel for the class action, with a track record of achieving significant settlements in securities class actions and shareholder derivative litigation.
  • The firm has secured over $438 million in compensation for investors in 2019 and has been ranked among the top securities class action settlements each year since 2013.

Statistics:

  • December 12, 2024 to June 30, 2025: The period during which investors may have been misled by Centene's revenue guidance.
  • September 8, 2025: The deadline for investors to move the court to serve as lead plaintiff in the class action lawsuit.
  • 2013-2020: The Rosen Law Firm has been ranked among the top securities class action settlements each year.
  • $438 million: The amount secured by the Rosen Law Firm for investors in 2019.

Sources:

  • Press Release, Rosen Law Firm, "Centene Corporation Securities Class Action Lawsuit Filed Over Misleading Revenue Guidance" (August 4, 2025)
  • Law360, "Laurence Rosen Named To Plaintiffs' Hot List 2020" (2020)

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