Thieler Law Corp advises investors with losses exceeding $100,000 of the June 29, 2018 lead plaintiff deadline in a class action lawsuit filed against Molina Healthcare Inc (NYSE: MOH) (“Molina” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Molina Healthcare Inc securities between October 31, 2014 and August 2, 2017, have until June 29, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Molina Healthcare Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Molina's administrative infrastructure was never designed to handle the size and complexity of its rapid growth strategy; and it failed to remediate systemic issues and costly disruptions with critical administrative infrastructure functions, including provider payment and utilization management.

On April 28, 2016, the Company reported an earnings miss for the first quarter ended March 31, 2016 and reduced its full-year 2016 earnings guidance.

On February 15, 2017, the Company revealed its financial and operating results for the quarter and year ended December 31, 2016, advising investors that the Company could not commit to Affordable Care Act ("ACA") Health Exchange participation beyond 2017.

On August 2, 2017, the Company withdrew its 2017 earnings projection, reported a net loss of $230 million for the second quarter ended June 30, 2017, and disclosed it would exit certain ACA Health Exchange markets.

Following this news, NYSE: MOH fell $3.92, or 5.92%, to close at $62.32 on August 3, 2017.

If you were negatively impacted by your investment in Molina Healthcare Inc securities between October 31, 2014 and August 2, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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