New York, New York--(Newsfile Corp. - July 29, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of James River Group Holdings, Ltd. (NASDAQ: JRVR) alleging that the Company violated federal securities laws.
Class Period: August 1, 2019 and May 5, 2021
Lead Plaintiff Deadline: September 7, 2021
No obligation or cost to you.
Learn more about your recoverable losses in JRVR:
James River Group Holdings, Ltd. NEWS - JRVR NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that James River Group Holdings, Ltd. made materially false and/or misleading statements and/or failed to disclose that: (1) James River had not adequately reserved for its Uber policies; (2) James River was using an incorrect methodology for setting reserves that materially understated the Company's true exposure to Uber claims; (3) as a result, James River was forced to increase its unfavorable reserves in subsequent quarters even after cancelling the Uber policies; and (4) as a result of the foregoing, Defendants' statements about James River's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in James River Group you have until September 7, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased James River Group securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
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