Steamfitters Local 449 Pension Plan v. Molina Healthcare, Inc. et al
Case Number:
2:18-cv-03579
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 07, 2020
Molina Healthcare Settles Investor Suit For Nearly $8M
A union pension plan on Tuesday asked a federal judge in California to approve a $7.5 million settlement with Molina Healthcare Inc. on proposed class action claims that the company inflated its expected growth and cost investors money.
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December 14, 2018
Molina Escapes Investor's Suit Over Growth Misstatements
A California federal court on Thursday dismissed an investor's proposed class action alleging shares of Molina Healthcare Inc. declined when it became apparent the health insurer wouldn't achieve the growth executives had touted, saying the executives' statements were forward-looking and inactionable.