April 26, 2024
Investors urged the Third Circuit to revive their suit claiming that reinsurance company Maiden Holdings Ltd. misrepresented its underwriting and risk management practices, saying the lower court's erroneous discovery restriction prevented them from proving their case.
December 20, 2023
A New Jersey federal judge has granted summary judgment to reinsurance company Maiden Holdings Ltd. in a shareholder suit claiming that it misrepresented its underwriting and risk management practices, ruling that the evidence presented shows that the company engaged in a "complex actuarial process" to set loss reserves.
June 20, 2019
National class action firm Glancy Prongay & Murray LLP will serve as lead counsel representing investors in a stock-drop suit against reinsurance company Maiden Holdings Ltd. over alleged misrepresentation of its underwriting and risk management practices, a New Jersey federal magistrate judge ordered Thursday.
April 15, 2019
Four law firms vied for lead counsel in New Jersey federal court in a pair of proposed investor actions against reinsurance company Maiden Holdings Ltd. over alleged misrepresentation of its underwriting and risk management practices.
February 11, 2019
An investor hit a reinsurance company with a putative securities class action Monday in New Jersey federal court alleging it misrepresented its underwriting and risk management techniques and the risks of its reinsurance portfolio at a time when AmTrust Financial Services was its biggest client.