MEDNAX Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | MEDNAX Inc |
Stock Symbol : | NYSE: MD |
Class Period Start: | 02/04/2016 |
Class Period End: | 07/27/2017 |
Lead Plaintiff motion: | 09/10/2018 |
Date Filed: | 07/07/2018 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Southern District of Florida |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the September 10, 2018 lead plaintiff deadline in a class action lawsuit filed against MEDNAX Inc (NYSE: MD) (“MEDNAX” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of Florida and investors, who purchased MEDNAX Inc securities between February 4, 2016 and July 27, 2017, have until September 10, 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 MEDNAX 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 the Company's business model was not sustainable; and Mednax's growth was in fact based upon suppressing physician compensation and enforcing non-compete agreements to deter physician defections. On April 20, 2017, Mednax revealed negative financial results for the first quarter of 2017. On July 28, 2017, the Company revealed it had not acquired any anesthesiology practice groups for that quarter and that the chance for acquiring any more was remote. Following this news, NYSE: MD declined by over 15%. If you were negatively impacted by your investment in MEDNAX Inc securities between February 4, 2016 and July 27, 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. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185 |