Centene Corporation Announces Dismissal of Shareholder Class Action Lawsuit

July 2, 2007 at 6:01 AM EDT
ST. LOUIS, Jul 02, 2007 (BUSINESS WIRE) -- Centene Corporation (NYSE: CNC) today announced that it has received notification from the United States District Court for the Eastern District of Missouri that its motion to dismiss has been granted regarding a previously filed shareholder lawsuit. The Consolidated Class Action Lawsuit dismissed by the Court was originally two separate class action lawsuits filed in July 2006 and August 2006, respectively.

About Centene Corporation

Centene Corporation is a leading multi-line healthcare enterprise that provides programs and related services to individuals receiving benefits under Medicaid, including the State Children's Health Insurance Program (SCHIP) and Supplemental Security Income (SSI). The Company operates health plans in Arizona, Georgia, Indiana, New Jersey, Ohio, Texas and Wisconsin. In addition, the Company contracts with other healthcare and commercial organizations to provide specialty services including behavioral health, health management, long-term care, managed vision, nurse triage, pharmacy benefits management and treatment compliance. Information regarding Centene is available via the Internet at www.centene.com.

SOURCE: Centene Corporation

Centene Corporation
Edmund E. Kroll, 212-759-0382
Senior Vice President, Finance & Investor Relations
or
Robert J. Schenk, 314-725-4477
Vice President, Corporate Marketing and Communications