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Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of MEDNAX, Inc. Investors

August 29, 2018

LOS ANGELES--(BUSINESS WIRE)--Aug 29, 2018--National securities litigation law firm Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors that purchased MEDNAX, Inc. (“Mednax” or the “Company”) (NYSE:  MD ) between  February 4, 2016 to July 27, 2017, inclusive (the “Class Period”). Mednax investors have until  September 10, 2018 to file a lead plaintiff motion.

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

Investors that suffered losses on their Mednax investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to shareholders@glancylaw.com.

The Complaint filed on behalf of Mednax investors alleges that throughout the Class Period, Defendants failed to disclose that the Company’s business model depended on growth from the acquisition of new practice groups, primarily in anesthesiology; and that Mednax’s business model is not sustainable and its growth was based upon suppressing physician compensation and enforcing non-compete agreements to deter physician defections.

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If you purchased shares of Mednax during the Class Period you may move the Court no later than  September 10, 2018 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180829005778/en/

CONTACT: Glancy Prongay and Murray LLP, Los Angeles

Lesley Portnoy, 310-201-9150 or 888-773-9224

www.glancylaw.com

shareholders@glancylaw.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Glancy Prongay & Murray LLP

Copyright Business Wire 2018.

PUB: 08/29/2018 05:00 PM/DISC: 08/29/2018 05:00 PM

http://www.businesswire.com/news/home/20180829005778/en

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