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Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating MediaAlpha, Inc. for potential violations of securities laws
MAXMediaAlpha(MAX) 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,or27.74.46, 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]