Rosen Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of the securities of
Molina Healthcare, Inc. (NYSE: MOH) between October 31, 2014 and August
2, 2017, both dates inclusive (the “Class Period”). The lawsuit seeks to
recover damages for Molina investors under the federal securities laws.
To join the Molina class action, go to http://www.rosenlegal.com/cases-1364.html
or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at
866-767-3653 or email email@example.com
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, throughout the Class Period defendants made
false and/or misleading statements and/or failed to disclose that: (1)
Molina’s administrative infrastructure was never designed to handle the
size and complexity of Molina’s rapid growth strategy; (2) Molina failed
to remediate systemic issues and costly disruptions with critical
administrative infrastructure functions including provider payment and
utilization management; and (3) as a result, Molina common stock traded
at artificially inflated prices during the Class Period. When the true
details entered the market, the lawsuit claims that investors suffered
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than June 29, 2018. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to http://www.rosenlegal.com/cases-1364.html
to join the class action. You may also contact Phillip Kim or Zachary
Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180620005808/en/