NEW YORK, NY / ACCESSWIRE / May 3, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Medifast, Inc. ("Medifast" or "the Company") (NYSE:MED). Investors who purchased Medifast securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MED.
Investigation Details:
On April 29, 2024, Medifast reported its quarterly earnings and adjusted its earnings per share of $0.66, considerably lower than Wall Street estimates of $0.80 per share and much lower than the same period in the previous year. Following this news, Medifast stock dropped over 22% on April 30, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Medifast securities, you can assist this investigation by visiting the firm's site: bgandg.com/MED. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller,
332-239-2660 | [email protected]
SOURCE: Bronstein, Gewirtz & Grossman, LLC