NEW YORK, Aug. 24, 2015 /PRNewswire/ -- Levi & Korsinsky is commencing an investigation on behalf of shareholders of Marchex, Inc. 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:
http://zlk.9nl.com/marchex-mchx
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
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