Securities Fraud Investigation Into MediaAlpha, Inc. (MAX) Announced - Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation on behalf of MediaAlpha, Inc. investors regarding potential violations of federal securities laws by the company [1]. Company Summary - MediaAlpha, Inc. (NYSE: MAX) is under scrutiny after the Federal Trade Commission (FTC) indicated it may file a complaint against the company for allegedly misleading representations related to government affiliations and deceptive advertising practices, particularly concerning health insurance products and consumer data usage [2]. - Following the FTC's announcement, MediaAlpha's stock price experienced a significant decline, dropping $4.46, or 27.7%, to close at $11.62 per share on November 5, 2024, resulting in financial harm to investors [2]. Legal Context - The investigation by Glancy Prongay & Murray LLP aims to assess the implications of the FTC's findings and the potential for investors to pursue claims to recover losses incurred due to the alleged misconduct [2][3]. - The law firm encourages individuals with non-public information about MediaAlpha to consider participating in the investigation or utilizing the SEC Whistleblower Program, which offers rewards for original information leading to successful recoveries [4]. Law Firm Background - Glancy Prongay & Murray LLP is recognized as a leading law firm specializing in securities litigation and has a strong track record in class action settlements, having been ranked among the top firms in this field [5][6]. - The firm has successfully recovered billions of dollars for investors and consumers across various sectors, indicating its capability and experience in handling complex corporate misconduct cases [6].