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Lead Plaintiff Deadline
Jan 12, 2024
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The filed complaint alleges that James River Group Holdings, Ltd. 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.
In order to be eligible to join the JRVR class action lawsuit, you must have incurred a loss on shares of James River purchased during the class period listed above.
If you suffered a loss in James River during the relevant time frame or pursuant to the relevant offering(s), you have until January 12, 2024 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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