Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into Marchex, Inc. (NASDAQ:MCHX) (“Marchex”) related to potential violations of federal securities laws. If you are an Akebia shareholder, you are encouraged to contact Scott+Scott for additional information.

Marchex (NASDAQ:MCHX) is a mobile and call advertising technology company. Marchex provides mobile advertising platforms designed to increase new customer phone calls to businesses and technology to analyze data from the calls.

On March 27, 2014, Marchex held a Secondary Offering of its stock, offering 5.714 million shares at $10.50 per share.

On September 18, 2014, in a press release entitled “Marchex Updates 2014 Guidance,” Marchex “lower[ed] its 2014 call-driven revenue outlook . . . [a]s a result of revised commitments from Allstate in the fourth quarter.” Marchex stated that Allstate sought to switch its business with Marchex to a fixed-fee basis from payments made for each call. On this news, shares of Marchex plummeted more than 45%.

What You Can Do

If you are a Marchex shareholder and wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joseph Halloran at (800) 404-7770 or (646) 582-0121 or at or jhalloran@scott-scott.com.

About Scott+Scott, Attorneys at Law, LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide.

Scott+Scott, Attorneys at Law, LLPJoseph V. Halloran, 646-582-0121jhalloran@scott-scott.com

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