Kirby McInerney LLP Announces Investigation of Shareholder Claims Against MediaAlpha, Inc. (MAX)
MediaAlpha, Inc. Class A (MAX)
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP is investigating potential claims against MediaAlpha, Inc. (“MediaAlpha” or the “Company”) (NYSE: MAX) The investigation concerns whether MediaAlpha and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.[Click here to learn more about the investigation]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, the price of MediaAlpha shares declined by $4.46 per share, or approximately 27.7%, from $16.08 per share on November 4, 2024
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MAX
News
- MediaAlpha, Inc. (NYSE: MAX) had its price target lowered by analysts at Royal Bank of Canada from $23.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
- The Law Offices of Frank R. Cruz Continues Investigation of MediaAlpha, Inc. (MAX) on Behalf of InvestorsGlobeNewswire
- Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of MediaAlpha, Inc. (MAX) on Behalf of InvestorsGlobeNewswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MediaAlpha, Inc. - MAXAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MediaAlpha, Inc. - MAXPR Newswire
MAX
Earnings
- 10/30/24 - Beat
MAX
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- MAX's page on the SEC website