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IRVINE, Calif., April 11, 2017 -- Khang & Khang LLP (the “Firm”) announces the filing of a class action lawsuit against AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) (Nasdaq:AFSI). Investors who purchased or otherwise acquired shares between May 10, 2016 and February 24, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm prior to the May 1, 2017 lead plaintiff motion deadline.
If you purchased AmTrust shares during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at [email protected].
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
On February 27, 2017, AmTrust revealed that it “identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016, specifically related to ineffective assessment of the risks associated with the financial reporting, and an insufficient complement of corporate accounting and corporate financial reporting resources within the organization.” On March 16, 2017, AmTrust reported that the Company’s previously issued consolidated financial statements for 2014 and 2015 (including for each of the four quarters of 2015) as well as for the first three quarters of 2016 should be restated and should no longer be relied upon. When this news was revealed to the public, the stock price of AmTrust declined.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at [email protected].
This press release may constitute Attorney Advertising in some jurisdictions.
Contact Joon M. Khang, Esq. Telephone: 949-419-3834 Facsimile: 949-225-4474 [email protected]
