September 7, 2017 (Shareholders Foundation) - An investigation on behalf of investors of Centene Corp (NYSE:CNC) shares over potential securities laws violations by Centene and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Centene Corp (NYSE:CNC) concerning whether a series of statements by Centene regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

St. Louis, MO based Centene Corporation is a healthcare company. Centene Corp reported that its annual Total Revenue rose from over $22.76 billion in 2015 to over $40.6 billion in 2016 and that its Net Income increased from $356 million in 2015 to $559 million in 2016.

On August 18, 2017, an article was published entitled, 'Pediatricians say Florida hurt sick kids to help big GOP donors', reporting that state health officials in Florida removed thousands of sick children from Children's Medical Services ('CMS'), a part of Florida Medicaid, and placed them on insurance plans owned by companies, including Centene, that cumulatively donated millions of dollars to Florida Republican Party committees.

Shares of Centene Corp (NYSE:CNC) declined on August 18, 2017 to $83.03 per share.