SAN DIEGO, Jan. 10, 2019 /PRNewswire/ -- Shareholder
Rights Law Firm Johnson Fistel, LLP with the assistance of former
California Deputy Attorney General
and Special Prosecutor, Tiffany Johnson,
Esq., is investigating potential claims against Maiden
Holdings, Ltd. (NASDAQ: MHLD) ("Maiden").
On November 9, 2018, Maiden issued
a press release announcing its financial results for the quarter
ended September 30, 2018. The
release revealed that the Company had sustained a massive
$308.8 million net loss during the
quarter. Maiden disclosed that it had suffered a staggering
$210.4 million adverse prior year
loss development in its AmTrust segment. The release also
revealed that the sale of Maiden business assets had resulted in an
impairment loss of $74.2 million.
Following this news, the price of Maiden's common stock
plummeted.
Johnson Fistel's investigation is
focusing on whether Maiden or its officers and directors violated
federal securities laws.
If you have information that could assist in this investigation,
or if you are a Maiden shareholder and are interested in
learning more about the investigation or your legal rights and
remedies, please contact Jim Baker
(jimb@johnsonfistel.com) at 619-814-4471. If emailing,
please include a phone number.
Additionally, you can [Click here to join this action]. There is
no cost or obligation to you.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally
recognized shareholder rights law firm with offices in California, New
York and Georgia. The firm
represents individual and institutional investors in shareholder
derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit
http://www.johnsonfistel.com. Attorney advertising. Past results do
not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
[Click here to join this action]
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SOURCE Johnson Fistel, LLP