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 pkim@rosenlegal.com or kchan@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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