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-0.000380083618396107 -0.000380083618396107 -0.000380083618396107 0.000760167236792078 -0.00684150513112884 -0.00266058532877234 -0.0117825921702775 -0.0102622576966933
Stock impact report

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of MediaAlpha, Inc. (MAX) on Behalf of Investors

MediaAlpha, Inc. Class A (MAX) 
Company Research Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of MediaAlpha, Inc. (“MediaAlpha” or the “Company”) (NYSE: MAX) investors concerning the Company’s possible violations of federal securities laws.On November 4, 2024, MediaAlpha disclosed that it had received a letter from the Federal Trade Commission (“FTC”) staff stating that the FTC Staff is “prepared to recommend the filing of a complaint against the Company,” claiming that MediaAlpha falsely “represented itself as affiliated with government entities, made misleading claims (in particular regarding health insurance products and use of consumers’ personal information) and utilized deceptive advertising.”On this news, MediaAlpha’s stock price fell $4.46, or 27.7%, to close at $11.62 per share on November 5, 2024, thereby injuring investors.If you purchased MediaAlpha securities, have information or would like to learn more about these claims, or have any questions concerning this Show less Read more
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