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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Marchex Inc | NASDAQ:MCHX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.02 | 1.47% | 1.38 | 1.21 | 1.45 | 1.50 | 1.35 | 1.38 | 177,296 | 21:59:29 |
Lundin Law PC announces it is investigating claims against Marchex, Inc. (“Marchex” or the “Company”) (Nasdaq: MCHX) concerning possible violations of federal securities laws. The investigation is related to allegations that certain statements issued by Marchex were false and misleading concerning the Company’s financial performance.
To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.
On September 18, 2014, Marchex announced that it had lowered its 2014 call-driven revenue outlook. The Company attributed this reduction in guidance to “revised commitments” from Allstate. The Company claimed that Allstate was seeking to switch to a fixed-fee basis instead of payments made for each call.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151125005916/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile: 888-713-1125brian@lundinlaw.com
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