SAN DIEGO and MORRISVILLE, N.C., Aug. 25, 2015 /PRNewswire/ -- Shareholder rights attorneys at Robbins Arroyo LLP are investigating whether certain officers and directors of MaxPoint Interactive, Inc. (NYSE: MXPT) complied with the federal securities laws in connection with the company's March 6, 2015 initial public offering. MaxPoint stock closed at $4.23 per share on August 25, 2015, far below its offering price of $11.50 per share. The substantial decline follows the company's last earnings report, which detailed a change in customer activity that led to a slowdown. MaxPoint Interactive provides digital advertising services in the United States.
View this press release on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/maxpoint-interactive-inc
Maxpoint Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in securities litigation and shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to www.robbinsarroyo.com.
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SOURCE Robbins Arroyo LLP