LOS ANGELES--(BUSINESS WIRE)--Sep 5, 2018--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Mednax, Inc. ("Mednax" or the "Company") (NYSE:  MD ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Mednax’s business model relied on acquiring anesthesiology practice groups to drive growth. Because of this fact, that growth was not sustainable, and the Company’s growth was based on maintaining lower wages for physicians and practice staff, and rigidly enforcing non-compete agreements to discourage practice defections. Mednax announced as part of its second-quarter earnings call, on July 28, 2017, that the Company had not acquired any anesthesiologist practices in the quarter, and that it was unlikely the Company would acquire practices in the future. Based on these facts, the Company’s public statements about operations and future results were false and misleading.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at  www.schallfirm.com, or by email at  brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180905005637/en/

CONTACT: The Schall Law Firm

Brian Schall, Esq.

Sherin Mahdavian, Esq.






SOURCE: The Schall Law Firm

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PUB: 09/05/2018 10:42 AM/DISC: 09/05/2018 10:42 AM