MAIDEN HOLDINGS SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline...
March 15 2019 - 10:50PM
Business Wire
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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version on businesswire.com: https://www.businesswire.com/news/home/20190315005586/en/
ClaimsFilerLewis Kahn,
844-367-9658https://www.claimsfiler.com
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