The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Argo Group International Holdings, Ltd. alleging that the Company violated federal securities laws.
This lawsuit is on behalf of investors that purchased or otherwise acquired Argo common stock between February 13, 2018 and August 9, 2022.
Lead Plaintiff Deadline: December 20, 2022
No obligation or cost to you.
Argo Group International Holdings, Ltd. NEWS – ARGO NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Argo Group International Holdings, Ltd. made materially false and/or misleading statements and/or failed to disclose that: (1) Argo’s reserves were wholly inadequate and its underwriting standards were not prudent as was represented; (ii) Argo had dramatically changed its underwriting policies on certain U.S. construction contracts as far back as 2018; and (iii) these policies were underwritten outside of the Company’s “core” business including in certain states and for certain exposures that were far riskier than investors understood and that the Company no longer would service moving forward.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Argo you have until December 20, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Argo securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
J. Klein, Esq.
535 Fifth Avenue
New York City, NY 10017
Telephone: (212) 616-4899