Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against James River Group Holdings, Ltd.

Radnor, Pennsylvania – (Newsfile Corp. – July 28, 2021) – Law firm Kessler Topaz Meltzer & Check, LLP reminds investors of James River Group Holdings, Ltd. (NASDAQ: JRVR) (“James River”) in a class action lawsuit against James River for securities fraud on behalf of those who held James common stock between August 1, 2019 and May 5, 2021 (the “Collection Period”) River bought or acquired.

Lead plaintiff deadline: September 7, 2021
Website: https://www.ktmc.com/james-river-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=james_river
Contact: James Maro, Esq. (484) 270-1453
Toll Free (844) 887-9500

James River is a holding company that owns and operates a group of specialty insurance and reinsurance companies.

The complaint alleges that during the class action period, defendants failed to disclose: (1) James River did not reserve adequately for his Uber policies; (2) James River used an incorrect reserve setting methodology that significantly underestimated his true risk to Uber damage; (3) As a result, James River was forced to increase its unfavorable reserves in the following quarters, even after the Uber policy was lifted; and (4) as a result, Defendants’ statements about the business, business and prospects of James River have been materially false, misleading and / or unfounded.

James River Investors may apply no later than September 7, 2021 to be appointed as Class Lead Plaintiffs by Kessler Topaz Meltzer & Check, LLP, or other legal counsel, or they may choose not to do anything and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in the conduct of the dispute. To be appointed as a lead plaintiff, the court must determine that the class plaintiff’s claim is typical of the claims of other class plaintiffs and that the class plaintiff is adequately representing the class action. Your ability to participate in a recovery will not be affected by whether or not you want to be the lead plaintiff.

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Kessler Topaz Meltzer & Check, LLP pursues class actions in state and federal courts across the country involving securities fraud, fiduciary violations, and other violations of state and federal laws. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform and has collected billions of dollars on behalf of institutional and private investors from the US and around the world. The firm represents investors, consumers and whistleblowers (individuals who report fraudulent practices to the government and participate in recovery of government dollars). The complaint in this lawsuit was not filed by Kessler Topaz Meltzer & Check, LLP. For more information on Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.

CONTACT:

Kessler Topas Meltzer & Check, LLP
James Maro, Jr., Esq.
280 König-von-Preußen-Strasse
Radnor, PA 19087
(844) 887-9500 (toll free)
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91468

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