MXL FRAUD INVESTIGATION: BFA Law has Initiated a Securities Fraud Investigation into MaxLinear, Inc. (NASDAQ:MXL); Contact the Firm if You Suffered Losses
If you invested in MaxLinear, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/maxlinear-inc. After the market closed on July 24, 2024, MaxLinear announced earnings results for its second quarter of 2024 and that net revenue for the quarter was just $92 million, down 50% year-over-year. The company attributed the decline at least in part to prolonged burn-off of excess customer inventory leading to weakened demand. What Can You Do? https://www.bfala ...