JRVR.US
id: 962
James River Group (JRVR) $30M Shareholder Settlement
It is still possible to file a late claim. The court will decide whether to accept late claims or not.
E.D. Virginia
Court3:21-cv-00444
Case number22 Feb 2019
Class period Start25 Oct 2021
Class period End25 Jun 2024
Claim deadlineJames River Group (JRVR) agreed to settle $30 million with investors to end claims over incorrect reserves for its Uber policies.
Case Status
Accepting Late Claims
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
Cash Settlement AmountFrequently Asked Questions
Who is eligible for this settlement?
Do I have to sell securities to be eligible?
How much will my payment be?
How long does the payout process take?
What is 11thestate?