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State: 17.08.2024 | 11PM
Fri, 25.10.2024       Medpace
US58506Q1094

LOS ANGELES, Oct. 25, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Medpace Holdings, Inc. ("Medpace" or "the Company") (NASDAQ: MEDP) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Medpace reported its third quarter 2024 financial results on October 21, 2024, also cutting its revenue guidance for the full year on the same day. During its investor call held the next day, the Company described a higher level of cancellations in the third quarter. The Company's net book-to-bill ratio was a low 1.00 for the third quarter, below analyst estimates and historically low when compared to its past performance.

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