CLASS ACTION UPDATE for MD, MFGP and FLR: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, July 20, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.

MEDNAX, Inc. (NYSE:MD)
Class Period: February 4, 2016 - July 27, 2017
Lead Plaintiff Deadline: September 10, 2018

MEDNAX, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's business model was not sustainable; and (2) 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 announced negative financial results for the first quarter of 2017. Then on July 28, 2017, during an earnings call, Mednax announced that the Company failed to complete any acquisitions of anesthesiologist practices during the second quarter and disclosed that any future acquisitions were unlikely. Following this news, shares of Mednax fell from a close of $56.49 on July 27, 2017, to a close of $47.73 per share the following day.

To learn more about the MD class action go to: http://www.zlk.com/pslra-d/mednax-inc?wire=3 or email jlevi@levikorsinsky.com.

Micro Focus International plc (NYSE:MFGP)
Class Period: September 1, 2017 - March 19, 2018 and/or pursuant to the August 4, 2017 Registration Statement or August 22, 2017 Prospectus
Lead Plaintiff Deadline: July 23, 2018

According to the complaint, the Registration Statement and Prospectus filed for the Company’s Initial Public Offering contained materially false and misleading information and/or failed to disclose material information, and Micro Focus made materially false and misleading statements and/or failed to disclose material information throughout the class period.

To learn more about the MFGP class action go to: http://www.zlk.com/pslra-d/micro-focus-international-plc?wire=3 or email jlevi@levikorsinsky.com.

Fluor Corporation (NYSE:FLR)
Class Period: August 14, 2013 - May 3, 2018
Lead Plaintiff Deadline: July 24, 2018

Fluor Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Fluor’s bidding process for projects related to the construction of gas-fired power generation facilities was flawed; (ii) Fluor had improperly estimated the gas-fire projects; (iii) as a result, Fluor would face craft productivity issues, equipment issues and other execution issues; (iv) Fluor would incur multiple charges impacting quarterly results; and (v) Fluor would ultimately decide to discontinue the pursuit of the gas-fired power market.

To learn more about the FLR class action go to: http://www.zlk.com/pslra-d/fluor-class-action?wire=3 or email jlevi@levikorsinsky.com.

You have until the lead plaintiff deadlines to request the court appoint as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com