Marchex settles civil lawsuit for $2M, payments spread over 13 months

MARCHEX INC

Settlement agreement signed April 14, 2026 resolves all claims in Barnard and McEvenue v. Marchex.
Total payment: $1M by May 14, 2026 ($750k cash + $250k escrow release).
Additional $500k due Nov 16, 2026 and $500k due May 17, 2027.
Company had previously recorded expense accrual in 2025 financials for this settlement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MARCHEX INC entered into Settlement Agreement valued at $750,000 (and agree to the release of $250,000 held in escrow by U.S. Bank) (effective 2026-04-14).

Action: entry
Agreement: settlement
Value: $750,000 (and agree to the release of $250,000 held in escrow by U.S. Bank)
Effective: 2026-04-14

Exact text from the filing

On April 14, 2026, the Company entered into a Settlement Agreement (the “Agreement”) with respect to this civil action for such expected settlement amount, which resolves all claims related to this matter.

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MARCHEX INC filing history →

Source: SEC EDGAR

accession 0001193125-26-157030

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