MAX Investigation Notice: MediaAlpha Investors Alerted of the Ongoing Investigation for Breaches of Fiduciary Duties After FTC Settlement
Bleichmar Fonti & Auld LLP announced an investigation into MediaAlpha's board and management for potential breaches of fiduciary duties. The investigation stems from a $45 million FTC settlement regarding deceptive advertising and alleged insider stock sales during the pendency of the FTC complaint.
Key figures
- Ftc settlement amount
- 45000000
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