Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Health Net, Inc. Concerning its Proposed Sale to Centene Corporation

Jul 02, 2015, 10:55 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, July 2, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Health Net, Inc. ("Health Net" or the "Company") (NYSE: HNT) related to the proposed acquisition of the Company by Centene Corporation.  The transaction is valued at around $6.8 Billion.  Under the terms of the agreement, Health Net shareholders would receive 0.622 shares of Centene Corporation common stock and $28.25 in cash for each share of Health Net common stock.   

This investigation concerns whether the Board of Directors of Health Net breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction

If you own Health Net common stock and wish to obtain additional information, please contact either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email Those who inquire by e-mail are encouraged to include their mailing address and telephone number. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact: Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Eitan Kimelman 212-697-6484


SOURCE Bronstein, Gewirtz & Grossman, LLC