Centene accused of 'plundering' company it bought for $70M The claims from Daniel Blakeley concern Centene's 2017 purchase for $70 million of his Foundation Care LLC Credit: UPI Centene the Health insurer, has announced plans to eliminate 3,000 workers and 1,500 open positions after recording a fourth-quarter loss of $12 million, in Clayton, Missouri on Thursday, February 11, 2021. The Centene headquarter complex is pictured in Clayton, Missouri. Photo by Bill Greenblatt/UPI Author: Jacob Kirn – St. Louis Business Journal Published: 5:28 AM CDT April 13, 2021 Updated: 5:28 AM CDT April 13, 2021 ST. LOUIS — The part-owner of a compounding pharmacy purchased by Centene Corp. (NYSE: CNC) says the Clayton health care giant engaged in "pillaging and plundering" of its assets, devaluing his remaining stake in the firm.