Maiden Holdings

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.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]
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  • Plaintiff certifies that:
    • 1. Plaintiff did not acquire the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this private action or any other litigation under the federal or state securities laws.
    • 2. Plaintiff is willing to serve as a representative party, including providing testimony at deposition and trial, if necessary.
    • 3. Plaintiff represents and warrants that he/she/it is fully authorized to enter into and execute this certification.
    • 4. If a class action is filed, Plaintiff will not accept any payment for serving as a representative party on behalf of a class beyond the Plaintiff's pro rata share of any recovery, except such reasonable costs and expenses (including lost wages) directly relating to the representation of the class as ordered or approved by the court.
    • 5. For purposes of a class action, Plaintiff has made no transaction(s) during the Class Period in the debt or equity securities that are the subject of this action except those set forth below:
  • Acquisitions (include: date shares were acquired, number of shares acquired, and acquisition price per share. Separate each item with a comma. For multiple acquisitions, separate each acquisition with a new line):
  • Sales (include: date shares were sold, number of shares sold, and selling price per share. Separate each item with a comma. For multiple sales, separate each sale with a new line.):
  • During the three years prior to the date of this certification, Plaintiff has not sought to serve or be served as a representative party for a class in an action filed under the federal securities law except if detailed below:

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