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MEDIAALPHA INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into MediaAlpha, Inc. on Behalf of Stockholders and Encourages Investors to Contact the Firm
MediaAlphaMediaAlpha(US:MAX) Globenewswireยท2025-09-30 21:32

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against MediaAlpha, Inc. for possible violations of federal securities laws and unlawful business practices [1][2]. Investigation Details - Wolfpack Research published a report alleging that MediaAlpha is involved in consumer fraud, claiming that up to 78% of its health insurance lead-buying partners are engaged in illegal telemarketing practices [4]. - Following the report, MediaAlpha's stock price dropped by $1.92 (11.84%) to close at $14.29 on June 25, 2024 [4]. - On November 4, 2024, MediaAlpha received a letter from the FTC indicating a recommendation to file a complaint against the company for misleading advertising and false affiliations with government entities [4]. - After the FTC's announcement, MediaAlpha's stock fell by $4.46 (27.7%) to close at $11.62 on November 5, 2024 [4]. - On August 6, 2025, MediaAlpha announced a settlement with the FTC for $45 million, related to deceptive practices in collecting consumer information [4]. Next Steps - Investors who purchased MediaAlpha shares and suffered losses are encouraged to contact Bragar Eagel & Squire for more information regarding their legal rights and potential claims [3].