NASDAQ: JRVR | James River Group Securities Fraud Investigation
Shamis Gentile, a corporate securities fraud law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of James River Group Holdings, Ltd. (NASDAQ: JRVR) between August 1, 2019 and May 5, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 7, 2021.
If you purchased James River securities and would like to join the action, please contact us immediately! Such investors are advised to contact attorney Andrew Shamis at [email protected] or 305-479-2299.
Press Release
Shamis Gentile Encourages James River Group Holdings, Ltd. Investors with Losses to Secure Counsel Before Important Deadline – JRVR
WHY: Shamis Gentile, a corporate securities fraud law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of James River Group Holdings, Ltd. (NASDAQ: JRVR) between August 1, 2019 and May 5, 2021, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 7, 2021.
WHAT: If you purchased James River Group Holdings, Ltd. securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the James River securities class action, please contact Andrew J. Shamis, Esq. at 305-479-2299 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: According to the lawsuit, defendants throughout the Class Period made 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.
WHY SHAMIS GENTILE LAW: Shamis & Gentile, P.A. is dedicated in helping misled shareholders recover damages caused by corporate fraud and other misconduct. Our securities attorneys have a wealth of knowledge and experience handling complex litigation cases and achieving significant victories and settlements for clients (over 500 million recovered and counting). In addition to our experience litigating securities cases, our attorneys have been routinely certified class counsel throughout the country where our firm has gained a reputation of one that litigates the right way and achieves large monetary settlements. Our team comes from diverse and unique backgrounds, making us equipped to bring the fight anytime and anywhere on behalf of our clients.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Andrew J. Shamis, Esq.
Shamis & Gentile, P.A.
Miami Headquarters
14 NE 1st Ave, Suite 705,
Miami, FL 33132
Tel: 305-479-2299
Fax: 786-623-0915
