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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mad2 who wrote (7035)3/1/1999 7:53:00 PM
From: Kip518  Read Replies (1) of 18998
 
PDX - blood's in the water, the sharks are circling

March 01, 1999 18:45

Attention Pediatrix Medical Group, Inc. (PDX) Investors; Class Action
Announced by Abbey, Gardy & Squitieri, LLP

NEW YORK, March 1 /PRNewswire/ -- Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of Florida on behalf of purchasers of Pediatrix Medical Group, Inc. (NYSE: PDX) common stock between April 28, 1998 and February 12, 1999.

The complaint charges Pediatrix Medical Group, Inc. and certain of its officers and directors with violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder. Among other things, plaintiff claims that the defendants issued materially false and misleading statements regarding the company's true financial condition and operating performance.

Plaintiff seeks to recover damages on behalf of himself and all other purchasers of Pediatrix Medical Group, Inc. common stock between April 28, 1998 and February 12, 1999, excluding the defendants and their affiliates. Plaintiff is represented by Abbey, Gardy & Squitieri, LLP, a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud.

If you purchased Pediatrix Medical Group, Inc. common stock between April 28, 1998 and February 12, 1999, and are a member of the class described above, you may, not later than April 19, 1999, move the court to serve as lead plaintiff of the class, if you so choose. In order to serve as lead plaintiff, however, you must meet certain legal requirements.

If you wish to discuss this action, or have any questions concerning this notice or your rights or interests, please CONTACT:

Lee Squitieri, Esq.
James S. Notis, Esq.
Abbey, Gardy & Squitieri, LLP
212 East 39th Street
New York, New York 10016

TELEPHONE: 800-889-3701 or 212-889-3700
FAX: 212-684-5191
E-MAIL: jnotis@a-g-s.com

SOURCE Abbey, Gardy & Squitieri, LLP

/CONTACT: Lee Squitieri, Esq. or James S. Notis, Esq. jnotis@a-g-s.com, both of Abbey, Gardy & Squitieri, LLP, 800-889-3701 or 212-889-3700, or fax,
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