Trending...
- Governor Gavin Newsom on the federal government taking over the California National Guard
- AI-Designed Waveguides Pave the Way for Next-Generation Photonic Devices
- California: Governor Gavin Newsom on speaking out peacefully
SAN DIEGO, Nov. 13, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving MediaAlpha, Inc. (NYSE: MAX) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.
If you have information that could assist in the MediaAlpha Investigation or if you are a MediaAlpha investor who suffered a loss and would like to learn more, you can provide your information here:
https://www.rgrdlaw.com/cases-mediaalpha-inc-investigation-max.html
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].
More on The Californer
THE COMPANY: MediaAlpha, through its subsidiaries, operates an insurance customer acquisition platform.
THE REVELATION: On November 4, 2024, MediaAlpha revealed that MediaAlpha "received an initial settlement demand from the staff of the [Federal Trade Commission] (the "FTC Staff") stating that the FTC Staff is prepared to recommend that the FTC approve the filing of a complaint against [MediaAlpha] for violations of Section 5(a) of the [Federal Trade Commission Act], the [Telemarketing Sales Rule] and the Government and Business Impersonation Rule. The FTC Staff proposes to seek injunctive and monetary relief and civil penalties." MediaAlpha further disclosed that "[t]he total amount of the proposed items significantly exceed [MediaAlpha's] existing liquidity and financial resources." Following this news, MediaAlpha's stock price fell by nearly 28%.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
More on The Californer
https://www.rgrdlaw.com/services-litigation-securities-fraud.html
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.
Contact:
Robbins Geller Rudman & Dowd LLP
J.C. Sanchez, Jennifer N. Caringal
655 W. Broadway, Suite 1900, San Diego, CA 92101
800-449-4900
[email protected]
SOURCE Robbins Geller Rudman & Dowd LLP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
GET STARTED
If you have information that could assist in the MediaAlpha Investigation or if you are a MediaAlpha investor who suffered a loss and would like to learn more, you can provide your information here:
https://www.rgrdlaw.com/cases-mediaalpha-inc-investigation-max.html
You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].
More on The Californer
- Innovative EDM Music Project, "Terms of War," Depicts an A.I. Takeover of Earth
- California: Here's how Trump's illegal military deployment weakens firefighting resources – already strained by his dangerous U.S. Forest Service cuts
- THE INTERNATIONAL SCHOOL OF SAN FRANCISCO APPOINTS ERIC THUAU AS ITS NEXT HEAD OF SCHOOL
- Project Home Draws Up a Blueprint for Hope on Documentary Showcase
- California: Governor Newsom pre-deploys safety resources ahead of anticipated demonstrations
THE COMPANY: MediaAlpha, through its subsidiaries, operates an insurance customer acquisition platform.
THE REVELATION: On November 4, 2024, MediaAlpha revealed that MediaAlpha "received an initial settlement demand from the staff of the [Federal Trade Commission] (the "FTC Staff") stating that the FTC Staff is prepared to recommend that the FTC approve the filing of a complaint against [MediaAlpha] for violations of Section 5(a) of the [Federal Trade Commission Act], the [Telemarketing Sales Rule] and the Government and Business Impersonation Rule. The FTC Staff proposes to seek injunctive and monetary relief and civil penalties." MediaAlpha further disclosed that "[t]he total amount of the proposed items significantly exceed [MediaAlpha's] existing liquidity and financial resources." Following this news, MediaAlpha's stock price fell by nearly 28%.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:
More on The Californer
- TEAM HUSSLE: The Unstoppable Duo Redefining the Sound of the Streets
- City of Long Beach to Celebrate Grand Reopening of Martin Luther King Jr. Park Pool
- Celestix Launches InstaSafe Zero Trust on Microsoft Azure Marketplace
- Governor Newsom: Trump handed over Californians' personal information to Homeland Security, a dangerous violation of privacy
- LABOR BOARD ISSUES ANOTHER COMPLAINT AGAINST AMAZON
https://www.rgrdlaw.com/services-litigation-securities-fraud.html
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.
Contact:
Robbins Geller Rudman & Dowd LLP
J.C. Sanchez, Jennifer N. Caringal
655 W. Broadway, Suite 1900, San Diego, CA 92101
800-449-4900
[email protected]
SOURCE Robbins Geller Rudman & Dowd LLP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
GET STARTED
Filed Under: Business
0 Comments
Latest on The Californer
- CalExit Leadership Meets Lt. Gov. Kounalakis, Rep. Waters, and Betty Yee at CADEM Convention
- California: Governor Newsom signs executive order doubling down on state's commitment to clean cars and trucks, kickstarts next phase of leadership
- CalExit President Marcus Ruiz Evans on Trump Sending National Guard to California
- Goldstar Rehabilitation Celebrates 15 Years of Early Intervention Across Southeastern PA
- 123Invent Inventor Develops Foot Rest for Washing Feet (SBT-2036)
- United States Congressional Candidate Peter Coe Verbica Unveils 25-Point Federal Plan to Help Make California Affordable Again
- California: Six times Trump didn't take over a state guard
- California, Oregon & Washington condemn dismissal of CDC vaccine panel, call on other states to join them
- D8Averse Launches D8Acapture: Disruptive Mobile-First App Transforms Utility Pole Data Collection
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- Tova Capital Acquires Prominent Freestanding Retail Building in Santa Monica
- 'Assault on California continues': Governor Newsom sues Trump over illegal attempt to revoke state's clean air policies
- Mauro Schnaidman named as Managing Director in Miami, Florida
- Popfuzion Live Launches on Roku With New Episodes Celebrating Changemakers
- Resilience's Risk Operations Center (ROC) Honored with CSO Award for Innovation in Security Intelligence
- Continued Streak of Recognitions with Multiple Chambers and Partners Rankings
- Anern Shines at SOLAR AFRICA Kenya with Solar Lithium Battery Storage Technology
- Last Call - Submit Your Proposal for the 2025 OpenSSL Conference in Prague
- Robert Michael & Co. Launches New Real Estate Website to Serve Central Florida Homebuyers and Sellers
- Lafayette Square Provides Financing to Support Ickler Electric's ESOP