INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MediaAlpha, Inc. - MAX

Core Viewpoint - MediaAlpha, Inc. is under investigation for potential securities fraud and unlawful business practices, following allegations of deceptive advertising and misleading claims regarding health insurance products [1][4]. Group 1: Allegations and Investigations - Wolfpack Research published a report claiming MediaAlpha engaged in consumer fraud, stating that up to 78% of its health insurance lead-buying partners were involved in scams or legal violations [3]. - The Federal Trade Commission (FTC) indicated it was prepared to file a complaint against MediaAlpha for false representations and misleading claims related to health insurance [4]. - MediaAlpha is settling claims with the FTC for $45 million, with allegations that it misled consumers while collecting personal information for telemarketers [5]. Group 2: Stock Price Impact - Following the Wolfpack Research report, MediaAlpha's stock price dropped by $1.92, or 11.84%, closing at $14.29 per share [3]. - After the FTC's announcement, the stock price fell by $4.46, or 27.7%, closing at $11.62 per share [4].