MediaAlpha(US:MAX) Globenewswire·2025-11-01 14:17Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against MediaAlpha, Inc. for possible violations of federal securities laws and unlawful business practices [2][6]. Investigation Details - The investigation follows a report by Wolfpack Research alleging that MediaAlpha engaged in consumer fraud, particularly in its health insurance segment, claiming that up to 78% of its lead-buying partners were involved in fraudulent activities [6]. - MediaAlpha's stock price experienced significant declines following these allegations, dropping 11.84% after the initial report and 27.7% after the FTC's letter regarding misleading claims [6]. Legal Actions - On August 6, 2025, MediaAlpha announced a settlement with the FTC for $45 million, related to claims that it misled consumers and sold their information to telemarketers [6]. - The FTC's complaint indicated that MediaAlpha sold approximately 119 million leads about consumers in 2024 alone [6]. Next Steps - Investors who suffered losses and wish to discuss their legal rights are encouraged to contact Bragar Eagel & Squire, P.C. for further information [4]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various complex litigations across the United States [5].