Deadline Alert for Molina Healthcare, Inc. Shareholders in Class Action Lawsuit – MOH
RADNOR, PA / ACCESSWIRE / May 10, 2018 / Kaskela Law LLC alerts Molina Healthcare, Inc. (NYSE: MOH) (“Molina” or the “Company”) investors that a class action lawsuit has been filed on behalf of purchasers of the Company’s securities between October 31, 2014 and August 2, 2017, inclusive (the “Class Period”).
DEADLINE ALERT: Investors who purchased Molina securities during the Class Period may, no later than June 29, 2018, seek to be appointed as a lead plaintiff representative of the investor class. Molina investors are encouraged to visit www.kaskelalaw.com/case/molina to receive additional information about this action.
As detailed in the complaint, the truth about Molina’s failed growth strategy and inadequate administrative infrastructure was revealed through a series of partial disclosures, including the Company’s announcement of a major restructuring plan, and the reporting of disappointing financial results and significant restructuring costs and impairment losses. The complaint further alleges that, as a result of the foregoing, investors purchased Molina’s securities at artificially inflated prices during the Class Period and sustained significant investment losses when the truth was revealed.
Molina investors are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585 or (888) 715 – 1740, or via www.kaskelalaw.com/case/molina, to discuss their legal rights and options with respect to this action.
Kaskela Law LLC exclusively prosecutes shareholder actions in state and federal courts throughout the country on behalf of investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
201 King of Prussia Road
Suite 650
Radnor, PA 19087
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
SOURCE: Kaskela Law LLC
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