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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


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NEW YORK, Jan. 9, 2021 /PRNewswire/  Rosen 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 s dubious business practices and potentially misleading financial statements. In particular, Spruce Point s report discussed: (1) Telaria s business woes prior to its merger with Rubicon to create Magnite; (2) Rubicon s business woes prior to its merger with Telaria; (3) discrepancies in Telaria s 2019 Capital Expenditures; (4) Magnite removing nearly $9.3 million in Other Assets following the merger; (5) Magnite s misrepresentation regarding its Supply Path Optimization ....

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