NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky is commencing an investigation on behalf of shareholders of Marchex, Inc. (NASDAQ:MCHX). The investigation concerns whether Marchex and certain of its officers and/or directors have violated federal securities laws.
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. To obtain additional information about this investigation, go to:
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