An investigation on behalf of current long term investors in MEDNAX, Inc. (NYSE: MD) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 10/01/2018 -- An investigation was announced for long-term investors in shares of MEDNAX, Inc. (NYSE: MD) concerning potential breaches of fiduciary duties by certain directors of MEDNAX, Inc.
Investors who are current long term investors in MEDNAX, Inc. (NYSE: MD) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: MD stocks follows a lawsuit filed recently against MEDNAX, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: MD stocks, concerns whether certain MEDNAX directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of Florida the plaintiff alleges that Mednax's business model depended upon growth from the acquisition of new practice groups, primarily in anesthesiology, and that in truth, 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.
Those who purchased shares of MEDNAX, Inc. (NYSE: MD) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.