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MCHX Marchex Inc

1.34
-0.04 (-2.90%)
08 May 2024 - Closed
Delayed by 15 minutes
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
  -0.04 -2.90% 1.34 1.20 1.46 1.42 1.32 1.36 18,468 01:00:00

SHAREHOLDER NOTICE: Khang & Khang LLP Announces an Investigation of Claims against Marchex, Inc. on Behalf of Investors

30/09/2015 10:29pm

Business Wire


Marchex (NASDAQ:MCHX)
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Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by Marchex, Inc. (“Marchex” or the “Company”) (NASDAQ: MCHX). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.

If you purchased shares of Marchex during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

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. When this news was revealed, shares dropped causing investors harm.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

KHANG & KHANG LLPJoon M. Khang, Esq.Telephone: 949-419-3834Facsimile: 949-225-4474joon@khanglaw.com

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