ATLANTA, Nov. 14, 2023 (GLOBE NEWSWIRE) — Holzer & Holzer, LLC informs investors that a shareholder class action lawsuit has been filed against James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR). The lawsuit alleges James River made false or misleading statements and/or omitted material adverse information regarding the Company’s business, operations, and prospects, including allegations that: (1) James River lacked effective internal controls regarding the recognition of reinstatement premiums for reinsurance; (2) that, as a result, the Company overstated its net income; and (3) that the Company was reasonably likely to restate its financial results.
If you bought James River shares between August 7, 2023 and November 7, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/james-river/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is January 12, 2024.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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