An investigation for investors in Maiden Holdings, Ltd. (NASDAQ:MHLD) shares over potential securities laws violations by Maiden Holdings, Ltd. was announced.
San Diego, CA -- (SBWIRE) -- 01/29/2019 -- An investigation on behalf of investors of Maiden Holdings, Ltd. (NASDAQ:MHLD) shares over potential securities laws violations by Maiden Holdings, Ltd. in connection with certain financial statements was announced.
Investors who purchased shares of Maiden Holdings, Ltd. (NASDAQ:MHLD), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Maiden Holdings, Ltd. (NASDAQ:MHLD regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Bermuda based Maiden Holdings, Ltd. (Maiden) is a holding company that focuses on serving the needs of regional and specialty insurers in the United States. On November 9, 2018, Maiden Holdings, Ltd. announced its financial results for the quarter ended September 30, 2018. The release revealed that Maiden Holdings, Ltd had sustained a massive $308.8 million net loss during the quarter. Maiden Holdings, Ltd disclosed that it had suffered a staggering $210.4 million adverse prior year loss development in its AmTrust segment. The announcement also revealed that the sale of Maiden Holdings, Ltd business assets had resulted in an impairment loss of $74.2 million.
Those who purchased shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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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.
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