NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky has commenced an investigation into whether Medley Management Inc. (NYSE:MDLY) and certain of its officers and/or directors have violated federal securities laws. On September 23, 2014, Medley launched its Initial Public Offering of 6,000,000 shares of Class A common stock at $18.00 per share. Then on December 30, 2014, New York State’s superintendent of the Department of Financial Services, Benjamin Lawsky, sent a subpoena to a Medley subsidiary in connection with an investigation into the subsidiary’s ties to payday lending. Shares of Medley closed, most recently, at just $9.12 per share. To obtain additional information about this investigation, go to:
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