NEW YORK, Aug. 9, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Maiden Holdings, Ltd. ("Maiden" or the "Company") (NASDAQ: MHLD). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/mhld.
The investigation concerns whether Maiden and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On May 12, 2017, Maiden revealed a net adverse development of $10.3 million for its AmTrust Reinsurance segment, and attributed it to conservative methodology, downplaying any concerns. Then on August 9, 2017 Maiden revealed another net adverse development of $29.5 million. Following this news, Maiden stock dropped over 20% during intraday trading.
If you are aware of any facts relating to this investigation, or purchased shares of Maiden, you can assist this investigation by visiting the firm's site: www.bgandg.com/mhld. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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