MediaAlpha (MAX) Board Hit with Investigation Following Deceptive Advertising Allegations and Corresponding FTC Settlement
Bleichmar Fonti & Auld LLP announced an investigation into MediaAlpha's board and senior management for potential breaches of fiduciary duties. The investigation stems from a $45 million FTC settlement regarding deceptive advertising and misleading claims about government affiliations.
Key figures
- Ftc settlement amount
- 45000000
AI analysis
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