Securities Fraud Investigation Into MediaAlpha, Inc. (MAX) Announced - Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz

LOS ANGELES, Feb. 26, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces an investigation of MediaAlpha, Inc. ("MediaAlpha" or the "Company") (NYSE: MAX) on behalf of investors concerning the Company's possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON MEDIAALPHA, INC. (MAX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. 

What Is The Investigation About?
On November 4, 2024, MediaAlpha disclosed that it had received a letter from the Federal Trade Commission ("FTC") staff stating that the FTC Staff is "prepared to recommend the filing of a complaint against the Company," claiming that MediaAlpha falsely "represented itself as affiliated with government entities, made misleading claims (in particular regarding health insurance products and use of consumers' personal information) and utilized deceptive advertising."

On this news, MediaAlpha's stock price fell $4.46, or 27.7%, to close at $11.62 per share on November 5, 2024, thereby injuring investors.

Contact Us To Participate or Learn More: 
If you purchased MediaAlpha securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com. 
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles