INVESTOR ALERT: The Law Offices of Vincent Wong Remind Investors of Class Action Involving Marchex, Inc. and a Lead Plaintiff...
December 09 2015 - 4:29PM
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the Southern District of
New York on behalf of investors who purchased Marchex, Inc.
(NASDAQ:MCHX) securities between March 19, 2014 and September 18,
2014.
Click here to learn about the case:
http://docs.wongesq.com/MCHX-Info-Request-Form-975.
There is no cost or obligation to you.
The complaint alleges that throughout the class period,
defendants issued materially false and misleading statements to
investors and/or failed to disclose that: (1) Allstate sought to
switch its business with Marchex to a fixed-fee basis from payments
made for each call; (2) consequently, Marchex’s revenue would be
negatively impacted.
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.
If you suffered a loss in Marchex you have until January
18, 2016 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require
that you serve as a lead plaintiff. To obtain additional
information, contact Vincent Wong, Esq. either via email
vw@wongesq.com, by telephone at 212.425.1140, or visit
http://docs.wongesq.com/MCHX-Info-Request-Form-975.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney
advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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