ProAssurance Corporation Class Action Lawsuit - PRA

Company
ProAssurance Corporation (NYSE: PRA)
Lead Plaintiff Deadline
August 17, 2020 (Expired)
Class Period
April 26, 2019 - May 7, 2020

Expired

Lead Plaintiff Deadline

Aug 17, 2020

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Allegations

(i) ProAssurance lacked adequate underwriting process and risk management controls necessary to set appropriate loss reserves in its Specialty P&C segment; (ii) ProAssurance failed to properly assess a large national healthcare account that experienced losses far exceeding the assumptions made when the account was underwritten; and (iii) as a result, ProAssurance was subject to materially heightened risk of financial loss and reserve charges.

Eligibility

In order to be eligible to join the PRA class action lawsuit, you must have incurred a loss on shares of ProAssurance purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in ProAssurance during the relevant time frame or pursuant to the relevant offering(s), you have until August 17, 2020 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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