Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Medley Management Inc (NYSE: MDLY) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Medley Management Inc (NYSE: MDLY)concerning whether a series of statements by Medley Management Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On September 23, 2014, Medley Management Inc completed its initial public offering (“IPO”) and offered 6 million shares at a price of $18.00 per share, thereby raising $108,000,000 minus underwriting fees.  Investors were unaware that the Company was allegedly engaged in unethical and/or illegal business practices in connection with its payday lending business.

On December 30, 2014, New York State’s superintendent of the Department of Financial Services, Benjamin Lawsky, sent a subpoena to a subsidiary of Medley. The subpoena was sent in connection with an investigation into the subsidiary’s ties to payday lending. Since this news, the price of Medley securities has dropped nearly 50% below the $18 IPO price. Based in New York, NY, Medley Management Inc  is an asset management company.

If you purchased shares of Medley Management Inc (NYSE: MDLY) in relation to the IPO on September 23, 2014, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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