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JRVR.US

James River Group (JRVR) $30M Shareholder Settlement

E.D. Virginia
Court
3:21-cv-00444
Case number
22 Feb 2019
Class period Start
25 Oct 2021
Class period End
James River Group (JRVR) agreed to settle $30 million with investors to end claims over incorrect reserves for its Uber policies.
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
1.1
Filing date
09 July 2021
Lead Plaintiff Deadline
07 September 2021
Plaintiffs
City of Miami General Employees' & Sanitation Employees' Retirement Trust, Employees' Retirement Fund of the City of Fort Worth
Attorneys
Saxena White, P.A., Cohen Milstein Sellers & Toll Pllc , Bernstein Litowitz Berger & Grossmann LLP
Defendants
J. Adam Abram, Frank N. D'Orazio, Sarah C. Doran, Robert P. Myron
Judge
Hon. M. Hannah Lauck
Settlement agreement date
2023-12-22
Trades matching type
FIFO
+$30,000,000
Total Settlement Amount
Created by Stan Vick, Scout

James River Group Holdings Ltd

James River Group Holdings, Ltd., through its subsidiaries, provides specialty insurance and reinsurance services in the United States. It operates through Excess and Surplus Lines, Specialty Admit...

    Ticker
    JRVR.US
    ISIN
    USG5005R1070
    CIK
    1620459
    Sector
    Financial Services
    Industry
    Insurance - Specialty
    Country
    USA
    Address
    Wellesley House, Pembroke, Bermuda, HM 08