{"id":411480,"date":"2021-01-09T15:24:32","date_gmt":"2021-01-09T20:24:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=411480"},"modified":"2021-01-09T15:24:32","modified_gmt":"2021-01-09T20:24:32","slug":"mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/","title":{"rendered":"MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; MGNI, TLRA, RUBI"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Jan. 9, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnite, Inc. (NASDAQ: MGNI) f\/k\/a Telaria, Inc. (NYSE: TLRA) and\/or Rubicon Project (NYSE: RUBI) resulting from allegations that Magnite may have issued materially misleading business information to the investing public.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" title=\"Rosen Law Firm, P.A. Logo\" alt=\"Rosen Law Firm, P.A. Logo\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>On <span class=\"xn-chron\">January 7, 2021<\/span>, Spruce Point Management released a report detailing Magnite&#8217;s dubious business practices and potentially misleading financial statements. In particular, Spruce Point&#8217;s report discussed: (1) Telaria&#8217;s business woes prior to its merger with Rubicon to create Magnite; (2) Rubicon&#8217;s business woes prior to its merger with Telaria; (3) discrepancies in Telaria&#8217;s 2019 Capital Expenditures; (4) Magnite removing nearly <span class=\"xn-money\">$9.3 million<\/span> in &#8220;Other Assets&#8221; following the merger; (5) Magnite&#8217;s misrepresentation regarding its &#8220;Supply Path Optimization,&#8221; initially describing 2019 as a period of &#8220;acceleration&#8221; but later calling it &#8220;slow&#8221;; and (6) Magnite&#8217;s questionable financial reporting method which may be hiding indicators of financial challenges for Telaria. <\/p>\n<p>On this news, Magnite shares fell <span class=\"xn-money\">$1.70<\/span> per share, or 6.2%, from closing at <span class=\"xn-money\">$27.31<\/span> on <span class=\"xn-chron\">January 6, 2021<\/span>, to close at <span class=\"xn-money\">$25.61<\/span> on <span class=\"xn-chron\">January 7, 2021<\/span>.<\/p>\n<p>Rosen Law Firm is preparing a securities lawsuit on behalf of Magnite shareholders. If you purchased securities of Magnite please visit the firm&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3032320-1&amp;h=2033543339&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2019.html&amp;a=http%3A%2F%2Fwww.rosenlegal.com%2Fcases-register-2019.html\" rel=\"nofollow noopener noreferrer\">http:\/\/www.rosenlegal.com\/cases-register-2019.html<\/a>\u00a0to join the securities action. You may also contact <span class=\"xn-person\">Phillip Kim<\/span> of Rosen Law Firm toll free at 866-767-3653 or via email at <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a>\u00a0or <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a>. <\/p>\n<p>Follow us for updates on LinkedIn: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3032320-1&amp;h=4145295157&amp;u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&amp;a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>\u00a0or on Twitter: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3032320-1&amp;h=3446695265&amp;u=https%3A%2F%2Ftwitter.com%2Frosen_firm&amp;a=https%3A%2F%2Ftwitter.com%2Frosen_firm\" rel=\"nofollow noopener noreferrer\">https:\/\/twitter.com\/rosen_firm<\/a>\u00a0or on Facebook: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3032320-1&amp;h=1778069453&amp;u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm&amp;a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm\" rel=\"nofollow noopener noreferrer\">https:\/\/www.facebook.com\/rosenlawfirm<\/a>.<\/p>\n<p>Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm&#8217;s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. <\/p>\n<p>Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n<p>Contact Information:<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Laurence Rosen, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-person\">Phillip Kim, Esq.<\/span><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 The Rosen Law Firm, P.A.<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 275 Madison Avenue, 40<sup>th<\/sup> Floor<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <span class=\"xn-location\">New York, NY<\/span> 10016<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Tel: (212) 686-1060<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Toll Free: (866) 767-3653<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 Fax: (212) 202-3827<br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:lrosen@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">lrosen@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:pkim@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">pkim@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"mailto:cases@rosenlegal.com\" rel=\"nofollow noopener noreferrer\">cases@rosenlegal.com<\/a><br \/>\u00a0\u00a0\u00a0\u00a0\u00a0 <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3032320-1&amp;h=2694054573&amp;u=http%3A%2F%2Fwww.rosenlegal.com%2F&amp;a=www.rosenlegal.com\" rel=\"nofollow noopener noreferrer\">www.rosenlegal.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC43665&amp;sd=2021-01-09\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm--mgni-tlra-rubi-301204710.html\">http:\/\/www.prnewswire.com\/news-releases\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm&#8211;mgni-tlra-rubi-301204710.html<\/a><\/p>\n<p>SOURCE  Rosen Law Firm, P.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC43665&amp;Transmission_Id=202101091521PR_NEWS_USPR_____DC43665&amp;DateId=20210109\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, Jan. 9, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnite, Inc. (NASDAQ: MGNI) f\/k\/a Telaria, Inc. (NYSE: TLRA) and\/or Rubicon Project (NYSE: RUBI) resulting from allegations that Magnite may have issued materially misleading business information to the investing public. On January 7, 2021, Spruce Point Management released a report detailing Magnite&#8217;s dubious business practices and potentially misleading financial statements. In particular, Spruce Point&#8217;s report discussed: (1) Telaria&#8217;s business woes prior to its merger with Rubicon to create Magnite; (2) Rubicon&#8217;s business woes prior to its merger with Telaria; (3) discrepancies in Telaria&#8217;s 2019 Capital Expenditures; (4) Magnite removing nearly $9.3 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; MGNI, TLRA, RUBI&#8221;<\/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-411480","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm - MGNI, TLRA, RUBI - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm - MGNI, TLRA, RUBI - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Jan. 9, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnite, Inc. (NASDAQ: MGNI) f\/k\/a Telaria, Inc. (NYSE: TLRA) and\/or Rubicon Project (NYSE: RUBI) resulting from allegations that Magnite may have issued materially misleading business information to the investing public. On January 7, 2021, Spruce Point Management released a report detailing Magnite&#8217;s dubious business practices and potentially misleading financial statements. In particular, Spruce Point&#8217;s report discussed: (1) Telaria&#8217;s business woes prior to its merger with Rubicon to create Magnite; (2) Rubicon&#8217;s business woes prior to its merger with Telaria; (3) discrepancies in Telaria&#8217;s 2019 Capital Expenditures; (4) Magnite removing nearly $9.3 &hellip; Continue reading &quot;MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; MGNI, TLRA, RUBI&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-09T20:24:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; 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Encourages Investors with Losses in Excess of $100K to Contact Firm - MGNI, TLRA, RUBI - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/","og_locale":"en_US","og_type":"article","og_title":"MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm - MGNI, TLRA, RUBI - Market Newsdesk","og_description":"PR Newswire NEW YORK, Jan. 9, 2021 \/PRNewswire\/ &#8212;\u00a0Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnite, Inc. (NASDAQ: MGNI) f\/k\/a Telaria, Inc. (NYSE: TLRA) and\/or Rubicon Project (NYSE: RUBI) resulting from allegations that Magnite may have issued materially misleading business information to the investing public. On January 7, 2021, Spruce Point Management released a report detailing Magnite&#8217;s dubious business practices and potentially misleading financial statements. In particular, Spruce Point&#8217;s report discussed: (1) Telaria&#8217;s business woes prior to its merger with Rubicon to create Magnite; (2) Rubicon&#8217;s business woes prior to its merger with Telaria; (3) discrepancies in Telaria&#8217;s 2019 Capital Expenditures; (4) Magnite removing nearly $9.3 &hellip; Continue reading \"MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm &#8211; MGNI, TLRA, RUBI\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-09T20:24:32+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/405060\/Rosen_Law_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/mgni-equity-alert-rosen-top-ranked-investor-counsel-announces-investigation-of-securities-claims-against-magnite-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm-mgni-t\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"MGNI EQUITY ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Announces Investigation of Securities Claims Against Magnite, Inc.; 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