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Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating MediaAlpha, Inc. for potential violations of securities laws
GlobeNewswire News Room· 2025-01-15 13:13
Group 1 - Wolf Haldenstein Adler Freeman & Herz LLP is investigating claims on behalf of investors of MediaAlpha, Inc. regarding potential securities fraud by the company and its officers or directors [1] - On November 4, 2024, MediaAlpha received a letter from the Federal Trade Commission (FTC) indicating that the FTC is prepared to recommend filing a complaint against the company for allegedly making false representations and misleading claims, particularly concerning health insurance products and consumer personal information [2] - Following the FTC news, MediaAlpha's stock price dropped by $4.46, or 27.7%, closing at $11.62 per share on November 5, 2024 [2] Group 2 - Wolf Haldenstein has a strong reputation in prosecuting securities class actions and derivative litigation across various courts in the United States, with multiple offices and a recognized expertise in shareholder litigation [3]
Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating MediaAlpha, Inc. for potential violations of securities laws
Newsfilter· 2025-01-15 13:13
PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MediaAlpha. Inc. ("MediaAlpha") (NYSE:MAX) The investigation concerns whether MediaAlpha and certain of its officers and/or directors have engaged in securities fraud. PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION On ...
Max Resource Announces Initial Public Offering for Australian Subsidiary
Newsfile· 2025-01-10 01:35
Core Viewpoint - Max Resource Corp. announces that its subsidiary, Max Iron Brazil Ltd., plans to conduct an initial public offering (IPO) to raise between AUD$6 million and AUD$10 million by offering 30 million to 50 million ordinary shares at AUD$0.20 each, while maintaining a controlling stake in Max Brazil [1][3][4]. Group 1: Offering Details - Max Brazil intends to offer a minimum of 30,000,000 ordinary shares at AUD$0.20 each, aiming for gross proceeds of AUD$6,000,000, with a maximum of 50,000,000 shares for AUD$10,000,000 [1]. - The net proceeds from the offering will be allocated to advancing the Florália DSO Hematite Project and for general working capital [4]. - The offering is subject to corporate and regulatory approvals, including shareholder approval at the upcoming Annual General and Special Meeting on February 26, 2025 [5]. Group 2: Listing and Regulatory Aspects - Max Brazil has applied for in-principle advice from ASX regarding its suitability for listing, but has not yet received confirmation [3]. - Subject to ASX approval, Max Brazil plans to lodge a Prospectus with the Australian Securities and Investments Commission in Q1 of 2025 [4]. Group 3: Financial Obligations - Max Brazil is required to reimburse Max Resource Corp. for costs incurred to date under a loan agreement and make remaining payments of USD $700,000 to Jaguar Mining Inc. [2]. Group 4: Project Overview - The Florália DSO Hematite Project, located 67 km east of Belo Horizonte, has seen an expansion of its geological target from 8-12 million tonnes at 58% Fe to 50-70 million tonnes at 55%-61% Fe, with an additional target of 130-170 million tonnes at 51%-55% Fe [9][10]. - The project has commenced inaugural drill programs, including approximately 1,200 meters of diamond drilling and 800 meters using a mobile power auger rig [10]. Group 5: Company Background - Max Resource Corp. operates the Sierra Azul Project in Colombia, which is part of the world's largest copper belt and has an Earn-In Agreement with Freeport-McMoRan Exploration Corporation [8]. - The exploration program for the Sierra Azul Project is funded by Freeport, amounting to USD $4.2 million for 2024 [8].
Wall Street Analysts Predict a 104.48% Upside in MediaAlpha (MAX): Here's What You Should Know
ZACKS· 2025-01-03 16:10
MediaAlpha, Inc. (MAX) closed the last trading session at $11.39, gaining 0.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.29 indicates a 104.5% upside potential.The average comprises seven short-term price targets ranging from a low of $13 to a high of $30, with a standard deviation of $5.59. While the lowest estimate indicates an increase of 14.1% from the current price l ...
MAX Power Identifies Multiple Natural Hydrogen “Fairways” In Saskatchewan, Gears Up For Drilling
GlobeNewswire News Room· 2024-12-24 13:00
VANCOUVER, British Columbia, Dec. 24, 2024 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) (“MAX Power” or the “Company”) is pleased to provide the following corporate update as the Company closes out 2024 with a rapidly growing pipeline of Canada’s premier Natural Hydrogen targets in Saskatchewan approaching the drill-ready stage. Highlights: Large hydrogen anomalies, many associated with faults, have been identified through a MAX Power regional geochemical soil gas surve ...
RE/MAX HOLDINGS LAUNCHES THE RE/MAX MEDIA NETWORK, THE FIRST IN REAL ESTATE
Prnewswire· 2024-12-18 13:35
Advertisers and strategic partners can now reach previously untapped homebuying and selling audiences with digital and offline initiatives spanning mobile, desktop, email, social media, and experiential.DENVER, Dec. 18, 2024 /PRNewswire/ -- RE/MAX Holdings, Inc. (NYSE: RMAX), parent company of RE/MAX, one of the world's leading franchisors of real estate brokerage services, and Motto Mortgage, the first and only national mortgage brokerage franchise brand in the U.S., has announced a groundbreaking initiati ...
RE/MAX NATIONAL HOUSING REPORT FOR NOVEMBER 2024
Prnewswire· 2024-12-16 21:12
Core Insights - November home sales increased by 6.3% year-over-year, marking the seventh month in 2024 to surpass 2023 figures, although there was an 11.6% decline from October due to seasonal slowdown [1][6] - Inventory levels rose by 25.0% year-over-year but fell by 4.3% from October, indicating a mixed market response [2][17] - The median sales price reached $429,000, up 5.7% from November 2023 but down 0.2% from October 2024, reflecting price stabilization [2][12] Sales and Inventory Trends - New listings were up 8.5% year-over-year but down 23.5% month-over-month, with notable increases in Phoenix (+29.8%), Las Vegas (+27.7%), and Honolulu (+26.6%) [2][4] - Closed transactions saw a 6.3% increase year-over-year, with significant growth in Bozeman (+45.8%), Coeur d'Alene (+27.9%), and Portland (+26.9%), while Miami experienced a decline of 13.0% [6][12] - The average days on market increased to 47 days, up from 40 days in November 2023, indicating a slower sales pace [7][14] Market Dynamics - The months' supply of inventory rose to 2.9, up from 2.6 in both November 2023 and October 2024, suggesting a more balanced market [7][17] - Buyers paid an average of 99% of the asking price, consistent with previous years, indicating stable buyer sentiment [7][12] - Sellers are offering concessions, creating opportunities for negotiation in a market where inventory is taking longer to sell [4][6] Regional Highlights - The Nashville market mirrored national trends with year-over-year increases but month-over-month declines in sales and inventory [3] - Markets with the highest days on market included Bozeman (78 days) and Coeur d'Alene (77 days), while Baltimore had the lowest at 15 days [14][15] - The highest close-to-list price ratios were observed in Hartford (102.8%) and San Francisco (102.5%), indicating competitive bidding in those areas [12][13]
MediaAlpha (MAX) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-12-16 18:01
MediaAlpha, Inc. (MAX) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following year ...
The Law Offices of Frank R. Cruz Continues Investigation of MediaAlpha, Inc. (MAX) on Behalf of Investors
GlobeNewswire News Room· 2024-12-04 17:00
Core Viewpoint - MediaAlpha, Inc. is under investigation for potential violations of federal securities laws, following a letter from the FTC indicating plans to file a complaint against the company [1][3]. Group 1: Investigation Details - The Law Offices of Frank R. Cruz are investigating MediaAlpha on behalf of investors regarding possible federal securities law violations [1]. - The FTC staff has claimed that MediaAlpha misrepresented its affiliation with government entities and made misleading claims about health insurance products and consumer data usage [3]. Group 2: Market Impact - Following the FTC's announcement, MediaAlpha's stock price dropped by $4.46, or 27.7%, closing at $11.62 per share on November 5, 2024, resulting in significant losses for investors [3].
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of MediaAlpha, Inc. (MAX) on Behalf of Investors
GlobeNewswire News Room· 2024-12-03 17:00
LOS ANGELES, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of MediaAlpha, Inc. (“MediaAlpha” or the “Company”) (NYSE: MAX) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your MediaAlpha investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your co ...