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Share Name | Share Symbol | Market | Type |
---|---|---|---|
ProAssurance Corp | NYSE:PRA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.09 | -0.65% | 13.83 | 14.15 | 13.64 | 14.11 | 190,627 | 01:00:00 |
Tostrud Law Group, PC announces an investigation on behalf of ProAssurance Corporation (“ProAssurance” or the “Company”) (NYSE: PRA) investors concerning the Company and its officers’ possible violations of federal securities laws.
On January 22, 2020, after the market closed, ProAssurance disclosed a $37 million charge to its loss reserves for fourth quarter 2019 due to "deteriorating loss experience, driven by a large national healthcare account."
On this news, the Company’s stock price fell as much as $4.81, or nearly 13%, during intraday trading on January 23, 2020, thereby injuring investors.
If you purchased ProAssurance securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Jon A. Tostrud of Tostrud Law Group, PC by telephone at (310) 278-2600, toll-free at (855) 854-8678, or by email to shareholder@tostrudlaw.com, or visit our website at http://tostrudlaw.com/.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200317005215/en/
Tostrud Law Group, PC Jon A. Tostrud, Esquire 1925 Century Park East, Suite 2100 Los Angeles, CA 90067 310-278-2600 855-854-8678 shareholder@tostrudlaw.com http://tostrudlaw.com/
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