INVESTOR NOTICE: Lundin Law PC Announces Investigation of Marchex, Inc. and Urges Investors to Contact the Firm
November 25 2015 - 8:01PM
Business Wire
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.
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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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