NEW YORK, Nov. 21, 2023 (GLOBE NEWSWIRE) — Attention James River Group Holdings, Ltd. (“James River”) (NASDAQ: JRVR) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between August 7, 2023 and November 7, 2023.
If you suffered a loss on your investment in James River, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/james-river-class-action-submission-form/?prid=56508&wire=3
ABOUT THE ACTION: The class action against James River includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) James River lacked effective internal controls regarding the recognition of reinstatement premiums for reinsurance; (2) as a result, the Company overstated its net income; (3) the Company was reasonably likely to restate its financial results; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: January 12, 2024
Aggrieved James River investors only have until January 12, 2024 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
