{"id":411430,"date":"2021-01-08T19:03:43","date_gmt":"2021-01-09T00:03:43","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411430"},"modified":"2021-01-08T19:03:43","modified_gmt":"2021-01-09T00:03:43","slug":"investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-magnite-inc-mgni-on-behalf-of-investors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-law-offices-of-howard-g-smith-announces-investigation-of-magnite-inc-mgni-on-behalf-of-investors\/","title":{"rendered":"INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors"},"content":{"rendered":"

<\/p>\n

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors <\/b><\/p>\n

BENSALEM, Pa.–(BUSINESS WIRE<\/a>)–
\nLaw Offices of Howard G. Smith announces an investigation on behalf of Magnite, Inc. (\u201cMagnite\u201d or the \u201cCompany\u201d) (NASDAQ: MGNI<\/a>) investors concerning the Company\u2019s possible violations of federal securities laws.\n<\/p>\n

\nOn January 7, 2021, Spruce Point Capital Management published a research report alleging that the Company’s “investors are being misguided by Magnite’s growth prospects and see 25%-50% downside” and that Magnite “continued to mask challenges with inaccurate financial reporting.” The report further stated that \u201cevidence shows Magnite is running two separate businesses, yet only reporting one operating segment, allowing it to bury clarity into its struggles.\u201d\n<\/p>\n

\nOn this news, Magnite’s stock price fell $1.70 per share, or 6%, to close at $25.61 per share on January 7, 2021, thereby injuring investors.\n<\/p>\n

\nIf you purchased Magnite 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<\/a>, or visit our website at www.howardsmithlaw.com<\/a>.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210108005542\/en\/<\/a><\/span><\/p>\n

\nLaw Offices of Howard G. Smith
\n
Howard G. Smith, Esquire
\n
215-638-4847
\n
888-638-4847
\n
howardsmith@howardsmithlaw.com
\n<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors BENSALEM, Pa.–(BUSINESS WIRE)– Law Offices of Howard G. Smith announces an investigation on behalf of Magnite, Inc. (\u201cMagnite\u201d or the \u201cCompany\u201d) (NASDAQ: MGNI) investors concerning the Company\u2019s possible violations of federal securities laws. On January 7, 2021, Spruce Point Capital Management published a research report alleging that the Company’s “investors are being misguided by Magnite’s growth prospects and see 25%-50% downside” and that Magnite “continued to mask challenges with inaccurate financial reporting.” The report further stated that \u201cevidence shows Magnite is running two separate businesses, yet only reporting one operating segment, allowing it to bury clarity into its struggles.\u201d On this news, … <\/p>\n

Continue reading “INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-411430","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. 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(\u201cMagnite\u201d or the \u201cCompany\u201d) (NASDAQ: MGNI) investors concerning the Company\u2019s possible violations of federal securities laws. On January 7, 2021, Spruce Point Capital Management published a research report alleging that the Company’s “investors are being misguided by Magnite’s growth prospects and see 25%-50% downside” and that Magnite “continued to mask challenges with inaccurate financial reporting.” The report further stated that \u201cevidence shows Magnite is running two separate businesses, yet only reporting one operating segment, allowing it to bury clarity into its struggles.\u201d On this news, … Continue reading "INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. 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