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Lead Plaintiff Deadline
Sep 7, 2021
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(1) James River had not adequately reserved for its Uber policies; (2) James River was using an incorrect methodology for setting reserves that materially understated the Company’s true exposure to Uber claims; (3) as a result, James River was forced to increase its unfavorable reserves in subsequent quarters even after cancelling the Uber policies; and (4) as a result of the foregoing, Defendants’ statements about James River’s business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
In order to be eligible to join the JRVR class action lawsuit, you must have incurred a loss on shares of James River Group purchased during the class period listed above.
If you suffered a loss in James River Group during the relevant time frame or pursuant to the relevant offering(s), you have until September 7, 2021 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.
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