SAN DIEGO , Nov. 13, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S.
federal securities laws involving MediaAlpha, Inc. (NYSE: MAX) focused on whether the company and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in the MediaAlpha Investigation or if you are a MediaAlpha investor who suffered a loss and would like to learn more, you can provide your information here: https://www.
rgrdlaw.com/cases-mediaalpha-inc-investigation-max.html You can also contact attorneys J.
C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.
com . THE COMPANY: MediaAlpha, through its subsidiaries, operates an insurance customer acquisition platform. THE REVELATION: On November 4, 2024 , MediaAlpha revealed that MediaAlpha "received an initial settlement demand from the staff of the [Federal Trade Commission] (the "FTC Staff") stating that the FTC Staff is prepared to recommend that the FTC approve the filing of a complaint against [MediaAlpha] for violations of Section 5(a) of the [Federal Trade Commission Act], the [Telemarketing Sales Rule] and the Government and Business Impersonation Rule.
The FTC Staff proposes to seek injunctive and monetary relief and civil penalties." MediaAlpha further disclosed that "[t]he total amount of the proposed items sign.