IRVINE, CA / ACCESSWIRE / March 29, 2017 / Khang & Khang LLP (the "Firm") announces a class action lawsuit against AmTrust Financial Services, Inc. ("AmTrust" or the "Company") (NASDAQ: AFSI). Investors, who purchased or otherwise acquired shares between March 2, 2015 and March 16, 2017, inclusive (the "Class Period"), are encouraged to contact the Firm in advance of the May 1, 2017 lead plaintiff motion deadline.
If you purchased shares of AmTrust 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 via e-mail at joon@khanglaw.com.
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, the Company 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 information was revealed to the public, the stock price of AmTrust fell.
If you wish to learn more about this lawsuit, or if you have 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 via e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
Contact:
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
SOURCE: Khang & Khang LLP
ReleaseID: 458462
