NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Maiden Holdings, Ltd. (NASDAQ:MHLD) resulting from allegations that MHLD may have issued materially misleading business information to the investing public.
On May 12, 2017, MHLD disclosed a net adverse development for its AmTrust Reinsurance segment of $10.3 million, which it attributed to conservative methodology, downplaying any concerns. On August 9, 2017, MHLD disclosed another net adverse development of $29.5 million. On this news, shares of MHLD fell more than 20% on intraday trading, damaging investors.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by MHLD investors. If you purchased shares of MHLD on or before August 9, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1188.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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