Kessler Topaz Meltzer & Check,

RADNOR, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating possible violations of the federal securities laws by Holdings, Inc. (NASDAQ: MEDP) on behalf of Medpace investors ) (“Medpace”).

On October 21, 2024, during after-market hours, Medpace reported its third quarter 2024 financial results and lowered its full-year 2024 revenue guidance. During an investor call on October 22, 2024, Medpace stated that the company expected an increase recorded above-average cancellation rates in the third quarter. Because of the cancellations, Medpace’s net book-to-bill ratio, a key indicator of demand, was just 1.00 in the quarter, below analyst estimates and, according to a Truist analyst, the lowest in Medpace’s history as a listed company.

Following this news, Medpace’s stock price fell over 7%, from a closing price of $352.92 per share on October 21, 2024 to a closing price of $326.54 per share on October 22, 2024.

If you are a Medpace investor and would like to learn more about our research, please contact us CLICK HERE Complete our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or email info@ktmc.com. You can also click or paste the following link into your browser:

Kessler Topaz Meltzer & Check, LLP pursues class action lawsuits in state and federal courts nationwide involving securities fraud, breaches of fiduciary duties, and other violations of state and federal laws. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform and has recovered billions of dollars on behalf of institutional and retail investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (individuals who report fraudulent practices to the government and participate in the recovery of government funds). For more information about Kessler Topaz Meltzer & Check, LLP, visit www.ktmc.com.

CONTACT:

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com

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