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Centene Corporation
Centene Corporation Files Lawsuit against Amerigroup Corporation
January 25th, 2009
Centene Corporation (NYSE: CNC) today filed a lawsuit in the Superior Court of New Jersey Chancery Division against AMERIGROUP Corporation (Amerigroup) and its New Jersey subsidiary. The lawsuit was filed in response to Amerigroup’s purported termination of its previously disclosed agreement to purchase certain assets of Centene’s New Jersey subsidiary (University Health Plans, Inc.). Centene believes that the purported termination is invalid. While Centene intends to vigorously pursue all of its legal remedies and options, it remains committed to ensuring that its Medicaid membership in New Jersey continues to receive quality care during whatever period of time is...
Source: Pharma Investments, Ventures & Law Weekly (2009-01-25)
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