In re AMTRUST FINANCIAL SERVICES, INC. SECURITIES LITIGATION

  1. April 21, 2020

    AmTrust Investors' Last Shot At Restatements Suit Fails

    A New York federal judge has declined to give investors in AmTrust Financial Services Inc. another chance to amend securities fraud claims against the firm, saying their most recent complaint "does not correct, and largely does not attempt to correct," the suit's shortcomings.

  2. September 09, 2019

    AmTrust Escapes Investors' Suit Over Financial Restatements

    A New York federal court on Monday dismissed a proposed class action alleging AmTrust Financial Services Inc. made a series of misstatements about its finances dating back to 2012 that required the insurer to restate its financials and ultimately sunk the company's stock.

  3. December 06, 2018

    AmTrust Says Switching Auditors Doesn't Equal Fraud

    AmTrust Financial Services urged a New York federal judge Wednesday to toss a second amended complaint alleging its 2017 financial restatements led to a stock price drop for which it is now responsible, saying switching auditors and adhering to the new auditor's accounting standards is not securities fraud.

  4. December 05, 2017

    Investors Say AmTrust's Reported Metrics Weren't Opinions

    Investors in insurer AmTrust Financial Services Inc. have pushed back against bids to dismiss their proposed class action stemming from accounting problems that led the company to restate a number of its quarterly and annual results earlier this year, telling a New York federal court the company can't claim its allegedly misstated financial metrics were just opinions.

  5. June 19, 2017

    Robbins Geller To Lead Proposed Amtrust Stock-Drop Class

    Pension funds represented by Robbins Geller Rudman & Dowd LLP will lead the investors bringing three proposed stock-drop class actions against insurance firm Amtrust Financial Services Inc. that were consolidated in New York federal court Monday.