Shareholder Investigation: The MediaAlpha ($MAX) Board is Being Investigated on Behalf of Current Shareholders For Breaching Their Fiduciary Duties
Bleichmar Fonti & Auld LLP announced an investigation into MediaAlpha's board and senior management for alleged breaches of fiduciary duties. The investigation centers on the company's $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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