Levi & Korsinsky, LLP announces that a ARGO class action lawsuit has been filed on behalf of investors who purchased Argo Group International Holdings, Ltd. (ARGO) common stock between February 13, 2018 and August 9, 2022. For more on the ARGO Lawsuit please contact us today.
According to the Argo Group International Holdings, Ltd. lawsuit, throughout the Class Period defendants made 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.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.
If you suffered a loss in Argo Group International Holdings, Ltd. you have until December 20, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.