AmTrust Settles Securities Fraud Suit for $13M

AmTrust

According to a court filing, AmTrust Financial Services Inc. has reached a $13 million class action settlement with investors, with a proposed one-third cut for their lawyers, putting an end to securities fraud litigation against the insurance company. The Thursday motion for preliminary approval of the settlement notes that lead counsel for the investor class… Continue reading AmTrust Settles Securities Fraud Suit for $13M