Glancy Prongay & Murray LLP Commences Investigation on Behalf of Molina Healthcare, Inc. Investors
Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Molina Healthcare, Inc.
(“Molina” or the “Company”) (NYSE: MOH) investors concerning the Company and its officers’ possible violations of federal
securities laws. To obtain information or aid in the investigation, please visit the Molina investigation page on our website at
www.glancylaw.com/case/molina-healthcare-inc.
On August 2, 2017, the Company withdrew its 2017 earnings outlook and announced that it will eliminate 1,500 jobs, and exit
certain Obamacare markets after the health insurer posted a steep second quarter loss. On this news Molina shares fell nearly 6%,
or $3.92 per share, to close at 62.32 per share on August 3, 2017. The Company’s shares continued to fall the following trading
day, closing down $2.52 per share, or over 4%, to close at $59.80 per share on August 4, 2017.
Follow us for updates on Twitter: twitter.com/GPM_LLP.
If you purchased Molina securities, have information or would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at
310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of
shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
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