Archived Investigations

Molina Healthcare, Inc. (NYSE: MOH)

Company Name:Molina Healthcare, Inc.
Stock Symbol:NYSE: MOH
Court:Central District of California
Class Period Start:02/05/2025
Class Period End (inclusive):07/23/2025
Filing Deadline:The deadline has passed.
October 7, 2025

Molina and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On July 23, 2025, the Company reported its financial results for the second quarter ended June 30, 2025 and cut its full-year 2025 earnings guidance, disclosing that “GAAP net income was $4.75 per diluted share for the second quarter of 2025, a decrease of 8% year over year” and it “now expects its full year 2025 adjusted earnings to be no less than $19.00 per diluted share,” due to a “challenging medical cost trend environment,” including “utilization of behavioral health, pharmacy, and inpatient and outpatient services.”

On this news, the price of Molina’s shares fell $32.03, or 16.84%, to close at $158.22 per share on July 24, 2025, on unusually heavy trading volume.

The case is Hindlemann v. Molina Healthcare, Inc., et al., No. 2:25-cv-09461.

Click here to read the first filed complaint.