INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Molina Healthcare, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Investors who purchased the Company's shares between
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, Molina made false and misleading statements to the market throughout the class period. The Company failed to disclose that its administrative systems and internal infrastructure were not capable of handling its growth plans. It also failed to mitigate infrastructure flaws that caused critical errors in areas such as provider payments. As a result of these problems, Molina reported an earnings miss for the quarter ending
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