Former California Deputy Attorney General and Special Prosecutor with Johnson Fistel Launches Investigation into Maiden Holdings (MHLD); Encourages Investors to Contact the Firm for Additional Information
SAN DIEGO, January 10, 2019, /PRNewswire/
Shareholder Rights Law Firm Johnson Fistel, LLP with the assistance of former California Deputy Attorney General and Special Prosecutor, Tiffany Johnson, Esq., is investigating potential claims against Maiden Holdings, Ltd. (NASDAQ: MHLD) (“Maiden”).
On November 9, 2018, Maiden issued a press release announcing its financial results for the quarter ended September 30, 2018. The release revealed that the Company had sustained a massive $308.8 million net loss during the quarter. Maiden disclosed that it had suffered a staggering $210.4 million adverse prior year loss development in its AmTrust segment. The release also revealed that the sale of Maiden business assets had resulted in an impairment loss of $74.2 million.
Following this news, the price of Maiden’s common stock plummeted..
Johnson Fistel’s investigation is focusing on whether Maiden or its officers and directors violated federal securities laws.
If you have information that could assist in this investigation, or if you are a Maiden shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.