MXL INVESTOR DEADLINE: MaxLinear, Inc. Investors that Lost Money are Reminded to Contact BFA Law about Continuing Securities Fraud Investigation (Nasdaq:MXL)

Core Insights - MaxLinear, Inc. is under investigation for potential violations of federal securities laws following a significant drop in stock price after disappointing earnings results [1][2][3] Financial Performance - For Q2 2024, MaxLinear reported net revenue of $92 million, representing a 50% decline year-over-year, attributed to prolonged burn-off of excess customer inventory leading to weakened demand [2] - The stock price closed at $22.29 per share on July 24, 2024, and dropped to $16.40 per share by the next trading day, marking a decline of $5.89 per share or 26% [3] Legal Context - Bleichmar Fonti & Auld LLP is conducting an investigation into MaxLinear and encourages affected investors to seek additional information regarding potential legal options [1][4] - The law firm operates on a contingency fee basis, meaning shareholders are not responsible for court costs or litigation expenses [4] Firm Background - Bleichmar Fonti & Auld LLP is recognized as a leading international law firm specializing in securities class actions and shareholder litigation, with notable recoveries in past cases [5]