An investigation on behalf of investors in Maiden Holdings, Ltd. (NASDAQ:MHLD) shares over potential wrongdoing at Maiden Holdings, Ltd. was announced.
San Diego, CA -- (SBWIRE) -- 10/17/2017 -- Certain directors of Maiden Holdings, Ltd are under investigation over possible wrongdoing. The investigation was announced for investors in NASDAQ:MHLD shares.
Investors who purchased shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm concerns whether certain Maiden Holdings directors breached their fiduciary duties and caused damage to the company and its shareholders.
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. Maiden Holdings, Ltd. reported that its annual Total Revenue rose from over $2.57 billion in 2015 to over $2.7 billion in 2016 and that its Net Income declined from $124.48 million in 2015 to $48.98 million in 2016. Shares of Maiden Holdings, Ltd. (NASDAQ:MHLD) declined from $18.60 per share in February 2017 to as low as $6.25 per share on September 7, 2017.
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