IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Securities Class Action Lawsuit against MAXIMUS, Inc. and Encourages
Investors with Losses to Contact the Firm
Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against MAXIMUS, Inc.
(“MAXIMUS” or the “Company”) (NYSE: MMS) concerning possible violations of federal securities laws between October 30, 2014 and
February 3, 2016, inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period
should contact the firm prior to the October 6, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here .
You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an
attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, throughout the Class Period, MAXIMUS made false and/or misleading statements and/or failed to
disclose that: in obtaining the Health Assessment Advisory Service (“HAAS”) contract, the Company set an unattainable target number
of healthcare professionals to recruit and an unattainable target number of assessments; that throughout the HAAS contract, MAXIMUS
was struggling to recruit, train and ramp-up new health care staff to perform the assessments; that the inability to meet its
target number of healthcare recruits and target number of assessments, meant MAXIMUS would not earn the performance-based incentive
fees from the HAAS contract; and that as a result, the Company’s statements about its financial condition, and the outlook for its
business, including statements about the HAAS contract and the amount of revenue MAXIMUS expected the contract to contribute,
lacked a reasonable basis when made. Upon release of this information, shares of MAXIMUS fell in value materially, which caused
investors harm according to the Complaint.
Lundin Law PC was founded by Brian Lundin, Esquire, a securities litigator based in Los Angeles dedicated to upholding
shareholders’ rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
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