NEW ORLEANS, March 8, 2019 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have until April 12, 2019 to
file lead plaintiff applications in a securities class action
lawsuit against Maiden Holdings, Ltd. (NasdaqGS: MHLD), if they
purchased the Company's shares between March
4, 2014 and November 9, 2018,
inclusive (the "Class Period"). This action is pending in
the United States District Court
for the District of New
Jersey.
Get Help
Maiden investors should visit us at
https://www.claimsfiler.com/cases/view-maiden-holdings-ltd-securities-litigation
or call toll-free (844) 367-9658. Lawyers at Kahn Swick &
Foti, LLC are available to discuss your legal options.
About the Lawsuit
Maiden and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On November 9, 2018, the Company
disclosed quarterly financial results that included a significant
net loss of $308.8 million, a
$210.4 million adverse prior year
loss development in its vital AmTrust operating segment, and an
impairment loss of $74.2 million
resulting from the sale of business assets.
On this news, the price of Maiden's shares plummeted nearly
32%.
The case is Wigglesworth v. Maiden Holdings, Ltd., et
al., No. 19-cv-5296.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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