Markel Corporation Class Action Lawsuit - MKL

Company
Markel Corporation (NYSE: MKL)
Lead Plaintiff Deadline
March 12, 2019 (Expired)
Class Period
July 26, 2017 - December 6, 2018

Expired

Lead Plaintiff Deadline

Mar 12, 2019

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Allegations

(a) Markel lacked effective reporting controls and was not reporting its financial results in compliance with Generally Accepted Accounting Principles (“GAAP”); (b) the Company's wholly-owned subsidiary Markel CATCo Investment Management Ltd. ("MCIM") was not appropriately recording loss reserves; (c) as a result, MCIM’s loss reserves would need to be adjusted and/or restated; (d) these accounting practices would lead to regulatory scrutiny and financial loss to investors; and (e) as a result of the foregoing, defendants’ positive statements during the Class Period were materially false and misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the MKL class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until March 12, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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