Argo Class Action: Levi & Korsinsky Reminds Argo Group International Holdings, Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 20, 2022 – ARGO
Nov 25th, 2022 14:47 EST
New York, New York--(Newsfile Corp. - November 25, 2022) - Levi & Korsinsky, LLP notifies investors in Argo Group International Holdings, Ltd. ("Argo" or the "Company") (NYSE: ARGO) of a class action securities lawsuit.
The lawsuit on behalf of Argo investors has been commenced in the the United States District Court for the Southern District of New York. This lawsuit is on behalf of investors that purchased or otherwise acquired Argo common stock between February 13, 2018 and August 9, 2022. Follow the link below to get more information and be contacted by a member of our team:
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you.
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Argo Group International Holdings, Ltd. NEWS - ARGO NEWS
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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 SHAREHOLDERS: If you suffered a loss in Argo during the relevant timeframe, 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.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/argo-group-loss-submission-form?prid=34061&wire=5 or call 212-363-7500 to discuss the case.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/145784