The Law Offices of Frank R. Cruz Continues Investigation of MediaAlpha, Inc. (MAX) on Behalf of Investors

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].