SHAREHOLDER NOTICE: Khang & Khang LLP Announces an Investigation of Claims against Marchex, Inc. on Behalf of Investors
September 30 2015 - 5:29PM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150930006853/en/
KHANG & KHANG LLPJoon M. Khang, Esq.Telephone:
949-419-3834Facsimile: 949-225-4474joon@khanglaw.com
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