IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Maiden Holdings, Ltd. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Investors who purchased the Company's shares between
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Maiden failed to create and maintain sufficient underwriting processes and risk management controls necessary to set appropriate prices for reinsurance and avoid excessive losses. The Company did not take steps to assess the risk of the portfolio of its largest customer, AmTrust, which is a related party. Maiden did not undertake independent reviews, analyses, and audits of AmTrust, which would have discovered the risk had been understated. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Maiden, investors suffered damages.
Join the case to recover your losses.
This press release may be considered
View source version on businesswire.com: https://www.businesswire.com/news/home/20190212005684/en/
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