NEW YORK, Dec. 19, 2014 /PRNewswire/ -- Alistair
Capital Management, L.L.C. (together with its affiliates, "Alistair
Capital") today announced that Alistair Capital has delivered a
letter to the Audit Committee of AmTrust Financial Services, Inc.
("AmTrust" or "the Company") (NASDAQ: AFSI).
In the letter, the full text of which is available at
http://www.alistaircapital.com/amtrustletter/, Alistair Capital
describes at length what appear to be significant accounting
irregularities at AmTrust.
In light of what Alistair Capital believes are significant
accounting problems that put shareholders, creditors, and
policyholders at grave risk, Alistair Capital requests that its
letter be treated in accordance with Exchange Act Rule 10A-3(b)(3)
[Complaints] and urges AmTrust's Audit Committee to initiate
an investigation pursuant to Exchange Act Rule 10A-3(b)(4)
[Authority to engage advisers].
In preparing its letter, Alistair Capital relied solely on upon
publicly available documents such as AmTrust's filings with the
Securities and Exchange Commission and similar agencies, foreign
and domestic, whose materials are available online.
About Alistair Capital Management, L.L.C.
Alistair Capital Management, L.L.C. was founded in 2009 by
Casey H. Nelson and manages Alistair
Capital Fund, L.P.
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SOURCE Alistair Capital Management, L.L.C.