INVESTOR ALERT: Investigation of Marchex, Inc. Announced by The Law Offices of Howard G. Smith

BENSALEM, Pa.--(BUSINESS WIRE)--

Law Offices of Howard G. Smith announces an investigation on behalf of investors of Marchex, Inc. ("Marchex" or the "Company") MCHX. The investigation concerns whether the Company violated federal securities laws by issuing materially misleading information regarding its operations and future performance.

On September 18, 2014, Marchex reported to investors the need to lower future guidance as a result of a shift in one of its key customer's payment model. The Company stated in relevant part that Marchex, "lower[ed] its 2014 call-driven revenue outlook . . . [a]s a result of revised commitments from Allstate in the fourth quarter." Marchex stated that Allstate sought to switch its business with Marchex to a fixed-fee basis from payments made for each call. On this news, shares of Marchex fell by $3.38 per share, or over 45%, to close on September 18, 2014 at $4.01 per share, on volume of over 10 million shares.

If you purchased Marchex securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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