Energy News / Shareholders Foundation, Inc.

MHLD Shareholder Notice: Lawsuit Alleges Misleading Statements by Maiden Holdings, Ltd.

Via: ReleaseWire

Updated 12:15 PM CST, Wed, February 27,2019

A lawsuit was filed on behalf of investors in Maiden Holdings, Ltd. (NASDAQ: MHLD) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 02/27/2019 -- An investor, who purchased shares of Maiden Holdings, Ltd. (NASDAQ: MHLD), filed a lawsuit i over alleged Federal Securities Laws violations by Maiden Holdings, Ltd.

Investors who purchased shares of Maiden Holdings, Ltd. (NASDAQ: MHLD) have certain options and for certain investors are short and strict deadlines running. Deadline: April 12, 2019. NASDAQ: MHLD investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint the plaintiff alleges on behalf of purchasers of Maiden Holdings, Ltd. (NASDAQ: MHLD) common shares between March 4, 2014 and November 9, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 4, 2014 and November 9, 2018, the defendants misrepresented the quality and nature of Maiden Holdings, Ltd.'s underwriting and risk management policies and practices and the risks of its reinsurance portfolio. In particular, the plaintiff alleges that the defendants misleadingly claimed that they were subjecting AmTrust's insurance portfolio to robust analysis and cross-checks to ensure that Maiden Holdings, Ltd. had appropriately priced the risk of reinsuring AmTrust's insurance portfolio and that in truth, Maiden Holdings, Ltd. had failed to employ sufficient underwriting and risk management protocols and had largely abdicated its responsibility to ensure that its AmTrust Reinsurance segment priced policies commensurate with the risk assumed by Maiden Holdings, Ltd..

Those who purchased shares of Maiden Holdings, Ltd. (NASDAQ: MHLD) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/mhld-shareholder-notice-lawsuit-alleges-misleading-statements-by-maiden-holdings-ltd-1158921.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com