{"id":52397,"date":"2020-07-24T10:18:00","date_gmt":"2020-07-24T10:18:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2670389"},"modified":"2020-07-24T10:18:00","modified_gmt":"2020-07-24T10:18:00","slug":"notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/","title":{"rendered":"Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-logo.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p class=\"prntac\"><strong><span class=\"xn-location\">UNITED STATES<\/span>&nbsp;DISTRICT COURT<br class=\"dnr\" \/><\/strong><strong>EASTERN DISTRICT OF&nbsp;<span class=\"xn-location\">MISSOURI<\/span><br class=\"dnr\" \/><\/strong><strong>EASTERN DIVISION<\/strong><\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prnsbts prnrbrs prnvab prnsbbs prnpl6 prnsbl1 prnpr6\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">ISRAEL SANCHEZ, Individually and On<br class=\"dnr\" \/>Behalf of All Others Similarly Situated,<\/span><\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<p class=\"prnml120 dnr\"><span class=\"prnews_span\">Plaintiff,<\/span><\/p>\n<p class=\"prnml40 dnr\"><span class=\"prnews_span\">v.<\/span><\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">CENTENE CORP., MICHAEL F.<br class=\"dnr\" \/>NEIDORFF, and JEFFREY A.<br class=\"dnr\" \/>SCHWANEKE,<\/span><\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<p class=\"prnml120 dnr\"><span class=\"prnews_span\">Defendants.<\/span><\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvat prnsbb1 prnpl6 prnsbl1 prnpr6\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Case No. 4:17-cv-00806-AGF<\/span><\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"prntac\"><strong>SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION AND<br class=\"dnr\" \/>PROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING;<br class=\"dnr\" \/>AND (III) MOTION FOR ATTORNEYS&#8217; FEES AND LITIGATION EXPENSES<\/strong><\/p>\n<p>This notice is for all persons and entities who purchased the common stock of Centene Corporation (&#8220;Centene&#8221;) during the period from&nbsp;<span class=\"xn-chron\">May 24, 2016<\/span>&nbsp;through&nbsp;<span class=\"xn-chron\">July 25, 2016<\/span>, inclusive, and who were damaged thereby (the &#8220;Settlement Class&#8221;).<\/p>\n<p>Certain persons and entities are excluded from the Settlement Class by definition as set forth in the full Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III)&nbsp;Motion for Attorneys&#8217; Fees and Litigation Expenses&nbsp;(the &#8220;Notice&#8221;), available at&nbsp;www.CenteneSecuritiesLitigation.com.<\/p>\n<p><strong>PLEASE READ THIS NOTICE CAREFULLY. YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.<\/strong><\/p>\n<p>YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of&nbsp;<span class=\"xn-location\">the United States<\/span>&nbsp;District Court for the Eastern District of&nbsp;<span class=\"xn-location\">Missouri<\/span>&nbsp;(the &#8220;Court&#8221;), that the above-captioned litigation (the &#8220;Action&#8221;) is pending in the Court.<\/p>\n<p>YOU ARE ALSO NOTIFIED that Lead Plaintiff in the Action has reached a proposed settlement of the Action for&nbsp;<span class=\"xn-money\">$7,500,000<\/span>&nbsp;in cash (the &#8220;Settlement&#8221;), that, if approved, will resolve all claims in the Action.&nbsp;<\/p>\n<p>A hearing will be held on&nbsp;<strong><span class=\"xn-chron\">October 26<\/span><\/strong><strong>, 2020 at&nbsp;<span class=\"xn-chron\">10:00 a.m.<\/span><\/strong>, before the Honorable Audrey G. Fleissig at&nbsp;<span class=\"xn-location\">the United States<\/span>&nbsp;District Court for the Eastern District of&nbsp;<span class=\"xn-location\">Missouri<\/span>, Courtroom 12 South, Thomas F. Eagleton U.S. Courthouse, 111 South 10th Street,&nbsp;<span class=\"xn-location\">St. Louis, MO<\/span>&nbsp;63102, to determine whether: (i)&nbsp;the proposed Settlement should be approved as fair, reasonable, and adequate; (ii)&nbsp;for purposes of the proposed Settlement only, the Action should be certified as a class action on behalf of the Settlement Class, Lead Plaintiff should be certified as Class Representative for the Settlement Class, and Lead Counsel should be appointed as Class Counsel for the Settlement Class; (iii) the Action should be dismissed with prejudice against Defendants, and the Releases specified and described in the Stipulation and Agreement of Settlement dated&nbsp;<span class=\"xn-chron\">March 5, 2020<\/span>&nbsp;(and in the Notice) should be granted; (iv)&nbsp;the proposed Plan of Allocation should be approved as fair and reasonable; and (v)&nbsp;Lead Counsel&#8217;s application for an award of attorneys&#8217; fees and expenses should be approved.<\/p>\n<p><strong>If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to a payment from the Settlement<\/strong>.&nbsp; If you have not yet received the Notice and Claim Form, you may obtain copies of these documents by contacting the Claims Administrator at&nbsp;<em>Centene Securities Litigation<\/em>, c\/o JND Legal Administration, P.O. Box 91364,&nbsp;<span class=\"xn-location\">Seattle, WA<\/span>&nbsp;98111; 888-964-0670; or&nbsp;info@CenteneSecuritiesLitigation.com.&nbsp;Copies of the Stipulation of Settlement, Notice and Claim Form can also be downloaded from the Settlement website,&nbsp;http:\/\/\/www.CenteneSecuritiesLitigation.com. &nbsp;<\/p>\n<p>If you are a member of the Settlement Class, in order to be eligible to receive a payment from the Settlement, you must submit a Claim Form&nbsp;<strong><em>postmarked<\/em>&nbsp;no later than&nbsp;<\/strong><strong><span class=\"xn-chron\">October 13, 2020<\/span><\/strong>.&nbsp; If you are a Settlement Class Member and do not submit a proper Claim Form, you will not be eligible to receive a payment from the Settlement but you will nevertheless be bound by any judgments or orders entered by the Court in the Action (including the releases provided therein).<\/p>\n<p>If you are a member of the Settlement Class and do not exclude yourself from the Settlement Class, you will be bound by any judgments or orders entered by the Court in the Action (including the releases provided therein).&nbsp; If you are a member of the Settlement Class and wish to exclude yourself from the Settlement Class, you must submit a request for exclusion such that it is&nbsp;<strong><em>received<\/em>&nbsp;no later than&nbsp;<\/strong><strong><span class=\"xn-chron\">October 5, 2020<\/span><\/strong>, in accordance with the instructions set forth in the Notice.&nbsp; If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action and you will not be eligible to receive a payment from the Settlement.<\/p>\n<p>Any objections to the proposed Settlement, the proposed Plan of Allocation, or Lead Counsel&#8217;s motion for attorneys&#8217; fees and litigation expenses, must be filed with the Court and delivered to Lead Counsel and Defendants&#8217; Counsel such that they are&nbsp;<strong><em>received<\/em>&nbsp;no later than&nbsp;<\/strong><strong><span class=\"xn-chron\">October 5, 2020<\/span><\/strong>, in accordance with the instructions set forth in the Notice.<\/p>\n<p><strong>Please do not contact the Court, the Clerk&#8217;s office, Defendants, or their counsel regarding this notice.&nbsp; All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Claims Administrator or Lead Counsel.<\/strong><\/p>\n<p>Requests for the Notice and Claim Form should be made to:<\/p>\n<p class=\"prntac\"><em>Centene Securities Litigation<br class=\"dnr\" \/><\/em>c\/o JND Legal Administration<br class=\"dnr\" \/>P.O. Box 91364<br class=\"dnr\" \/><span class=\"xn-location\">Seattle, WA<\/span>&nbsp;98111<br class=\"dnr\" \/>888-964-0670<br class=\"dnr\" \/>www.CenteneSecuritiesLitigation.com<\/p>\n<p>Inquiries, other than requests for the Notice and Claim Form, should be made to Lead Counsel:<\/p>\n<p class=\"prntac\">BERNSTEIN LITOWITZ BERGER &amp; GROSSMANN LLP<br class=\"dnr\" \/><span class=\"xn-person\">Jonathan D. Uslaner, Esq.<\/span><br class=\"dnr\" \/>2121 Avenue of the Stars, Suite 2575<br class=\"dnr\" \/><span class=\"xn-location\">Los Angeles, CA<\/span>&nbsp;90067<br class=\"dnr\" \/>800-380-8496<br class=\"dnr\" \/>settlements@blbglaw.com<\/p>\n<p>BY ORDER OF THE COURT<br class=\"dnr\" \/><span class=\"xn-location\">UNITED STATES<\/span>&nbsp;DISTRICT COURT<br class=\"dnr\" \/>EASTERN DISTRICT OF&nbsp;<span class=\"xn-location\">MISSOURI<\/span><\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.CenteneSecuritiesLitigation.com\" target=\"_blank\">http:\/\/www.CenteneSecuritiesLitigation.com<\/a><br \/><b>Contact Information:<\/b><br \/>Centene Securities Litigation<br \/>\nc\/o JND Legal Administration<br \/>\nP.O. Box 91364<br \/>\nSeattle, WA98111<br \/>\n888-964-0670<br \/>\nwww.CenteneSecuritiesLitigation.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Centene Securities Litigation<br \/>\nc\/o JND Legal Administration<br \/>\nP.O. Box 91364<br \/>\nSeattle, WA\u00a098111<br \/>\n888-964-0670<br \/>\nwww.CenteneSecuritiesLitigation.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-logo.png\" alt=\"\">UNITED STATES&nbsp;DISTRICT COURTEASTERN DISTRICT OF&nbsp;MISSOURIEASTERN DIVISION ISRAEL SANCHEZ, Individually and OnBehalf of All Others Similarly Situated, &nbsp; Plaintiff, v. &nbsp; CENTENE CORP., MICHAEL F.NEIDORFF, and JEFFREY A.SCHWANEKE, &nbsp; Defendants. Case No. 4:17-cv-00806-AGF &nbsp; &nbsp; &nbsp; SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION ANDPROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING;AND (III) MOTION FOR ATTORNEYS&rsquo; FEES AND &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/\">Continue reading <span>Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016<\/span><\/a> <a href=\"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-52397","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016 - Business\" \/>\n<meta property=\"og:description\" content=\"UNITED STATES&nbsp;DISTRICT COURTEASTERN DISTRICT OF&nbsp;MISSOURIEASTERN DIVISION ISRAEL SANCHEZ, Individually and OnBehalf of All Others Similarly Situated, &nbsp; Plaintiff, v. &nbsp; CENTENE CORP., MICHAEL F.NEIDORFF, and JEFFREY A.SCHWANEKE, &nbsp; Defendants. Case No. 4:17-cv-00806-AGF &nbsp; &nbsp; &nbsp; SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION ANDPROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING;AND (III) MOTION FOR ATTORNEYS&rsquo; FEES AND &hellip; Continue reading Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016 Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-24T10:18:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-logo.png\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/\",\"name\":\"Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016 - 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Case No. 4:17-cv-00806-AGF &nbsp; &nbsp; &nbsp; SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION ANDPROPOSED SETTLEMENT; (II) SETTLEMENT FAIRNESS HEARING;AND (III) MOTION FOR ATTORNEYS&rsquo; FEES AND &hellip; Continue reading Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016 Continue Reading &rarr;","og_url":"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/","og_site_name":"Business","article_published_time":"2020-07-24T10:18:00+00:00","og_image":[{"url":"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-logo.png","type":"","width":"","height":""}],"author":"Asiya","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Asiya","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/","url":"http:\/\/ipsnews.net\/business\/2020\/07\/24\/notice-of-pendency-and-proposed-settlement-of-class-action-involving-persons-and-entities-who-purchased-the-centene-corporation-common-stock-from-may-24-2016-through-july-25-2016\/","name":"Notice of Pendency and Proposed Settlement of Class Action Involving Persons and Entities Who Purchased the Centene Corporation Common Stock from May 24, 2016 through July 25, 2016 - 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