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MHLD Maiden Holdings Ltd

2.20
0.12 (5.77%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Maiden Holdings Ltd NASDAQ:MHLD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.12 5.77% 2.20 0.884 2.35 2.26 2.07 2.10 220,925 22:38:49

Former California Deputy Attorney General and Special Prosecutor with Johnson Fistel Launches Investigation into Maiden Holdi...

10/01/2019 1:46pm

PR Newswire (US)


Maiden (NASDAQ:MHLD)
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From May 2019 to May 2024

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SAN DIEGO, Jan. 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 (jimb@johnsonfistel.com) 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 http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471 
jimb@johnsonfistel.com

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Cision View original content:http://www.prnewswire.com/news-releases/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-300776246.html

SOURCE Johnson Fistel, LLP

Copyright 2019 PR Newswire

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