MaxPoint Interactive Inc

0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS

Case Summary
Company Name: MaxPoint Interactive Inc
Stock Symbol : NYSE: MXPT
Class Period Start: 03/06/2015
Class Period End: 08/31/2015
Lead Plaintiff motion: 10/30/2015
Date Filed: 08/31/2015
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of New York
Summary:

Thieler Law Corp advises investors with losses exceeding $100,000 of the October 30, 2015 lead plaintiff deadline in a class action lawsuit filed against MaxPoint Interactive Inc (NYSE: MXPT) (“MaxPoint” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased MaxPoint securities pursuant and/or traceable to the Company's initial public offering (the "IPO") on or about March 6, 2015 have until October 30, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased MaxPoint securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com .  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that MaxPoint Interactive Inc was obtaining two-thirds of its sales from only 50 customers at the time of the IPO, and that as a result of this large cluster of customer concentration, it was more exposed to those 50 customers' purchase patterns and promotional activities.  The complaint also alleges that the Company had been signing lower-value customers with smaller advertising budgets in the months leading up to the IPO, and that as a result, MaxPoint's sales growth was slowing at the time of the IPO, which would have a significant impact on MaxPoint's profitability.  Since the IPO, NYSE: MXPT stock has dropped approximately 60% and is currently trading at under $5.00 per share.

If you were negatively impacted by your investment in MaxPoint securities pursuant and/or traceable to the Company's initial public offering (the "IPO") on or about March 6, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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