An investigation on behalf of current long term investors in Maiden Holdings, Ltd. (NASDAQ: MHLD) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ: MHLD stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/08/2019 -- An investigation was announced concerning potential breaches of fiduciary duties by certain directors of Maiden Holdings, Ltd.
Investors who are current long term investors in Maiden Holdings, Ltd. (NASDAQ: MHLD) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: MHLD stocks follows a lawsuit filed against Maiden Holdings, Ltd. over alleged securities laws violations. The investigation on behalf of current long-term investors in NASDAQ: MHLD stocks, concerns whether certain Maiden Holdings, Ltd. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that 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.