NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against AmTrust Financial Services, Inc. (NASDAQ:AFSI). Our investigation concerns potential violations of the federal securities laws.
On February 27, 2017 AmTrust reported financial results for its fourth quarter 2016 and year ended December 31, 2016, which included a 39.5% decline in its fourth quarter 2016 net income compared to fourth quarter 2015. Further, the Company disclosed that it would not timely file its 2016 annual financial statements and that the Company “identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016.”
On this news, AmTrust shares fell $5.32 per share, or approximately 19.2%, to close at $22.34 per share on February 27, 2017.
If you purchased or otherwise acquired AmTrust securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into AmTrust, please go to www.bespc.com/amtrust. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.