Stock Alert: MediaAlpha (MAX) FTC Settlement Triggers Investigation into the Board on behalf of Current Shareholders
Bleichmar Fonti & Auld LLP announced an investigation into MediaAlpha's board and senior management for potential fiduciary duty breaches. The investigation stems from a $45 million FTC settlement regarding deceptive advertising and alleged insider trading during the pendency of the FTC complaint.
Key figures
- Ftc settlement amount
- 45000000
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