MEDIAALPHA INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates MediaAlpha, Inc.’s Directors and Officers for Breach of Fiduciary Duties – MAX

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of MediaAlpha, Inc. (“MediaAlpha”), sometimes d/b/a QuoteLab, LLC (“QuoteLab”) (NYSE: MAX) breached their fiduciary duties to MediaAlpha and its shareholders.

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Scott+Scott is investigating whether members of MediaAlpha’s board of directors or senior management failed to manage MediaAlpha in an acceptable manner, in breach of their fiduciary duties to MediaAlpha, and whether MediaAlpha and its shareholders have suffered damages as a result.

On August 6, 2025, MediaAlpha announced it was settling claims with the Federal Trade Commission (“FTC”) for $45 million. According to the FTC’s complaint, MediaAlpha would use advertisements and websites claiming to provide health insurance quotes to collect information from consumers looking for insurance; in reality, the FTC alleged that MediaAlpha sold nothing to consumers, and the consumer information collected would be sold to telemarketers. According to the FTC, MediaAlpha sold approximately 119 million leads about consumers in 2024 alone.

What You Can Do – CLICK HERE FOR YOUR OPTIONS AS A SHAREHOLDER

If you own shares of MediaAlpha, you may have legal claims against MediaAlpha’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at [phone] or [e-mail].

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With more than 100 attorneys in nine offices in the United States, as well as three offices in Europe, our advocacy has resulted in significant monetary settlements on behalf of our clients, along with other forms of relief.

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