Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada 
OpenAI Launches GPT-6 Astra With Advanced AI Agent Capabilities 
Xiaomi Shares Jump on Europe EV Expansion Plan 
Adobe Names Anil Chakravarthy CEO as AI Push Accelerates 
South Korea, US Discuss Chip Investments Amid Tariff Plans 
Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab 
Volkswagen Approves 50,000 More Job Cuts in Major Restructuring 
Tesla Cybercab Rides Launch in Austin as NHTSA Reviews Rollout 
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations 
Honda Targets $9.4 Billion in Cost Cuts as China EV Competition Intensifies 
GSM Eyes US, Europe Expansion Ahead of 2028 Hong Kong IPO 
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks 
CATL Shares Fall as Hungary Plant Faces Safety Halt 
France Targets Shein, Temu With Fast-Fashion Fees 
OpenAI Rejects Apple Trade Secret Theft Claims 
Tesla Cybercab Launch Puts Robotaxi Ambitions in Focus 
Lynas Rare Earths Shares Rise After Takeover Talks Revealed 
Add as a preferred source on Google
NEW ORLEANS, March 09, 2018 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 4, 2018 to file lead plaintiff applications in a securities class action lawsuit against Atlas Financial Holdings, Inc. (Nasdaq:AFH), if they purchased the Company’s securities between March 13, 2017, and March 2, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of Illinois.
What You May Do
If you purchased securities of Atlas and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgm-afh/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 4, 2018.
About the Lawsuit
Atlas and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 1, 2018, the Company disclosed that, following “a comprehensive review of its reserves” it was substantially increasing its overall reserves “based on year-end actuarial work coupled with a detailed internal file audit for claims with reserves not established by the Company’s predictive analytics tools….”
On this news, the price of Atlas’ shares plummeted $7.70 per share, over 40%, to close at $11.10 per share on March 2, 2018, on unusually heavy trading volume.
About Kahn Swick & Foti, LLC
KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
