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JRVR.US
id: 962

James River Group (JRVR) $30M Shareholder Settlement

The process of distributing settlement funds to claimants has started.
$30,000,000
Cash Settlement
E.D. Virginia
Court
3:21-cv-00444
Case number
02/22/2019
Class period Start
10/25/2021
Class period End
06/25/2024
Claim deadline
James River Group (JRVR) agreed to settle $30 million with investors to end claims over incorrect reserves for its Uber policies.
Case Status
Disbursement
Alleged Offence
Misleading Statements
Financial Misrepresentation
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
1.1
Filing date
07/09/2021
Lead Plaintiff Deadline
09/07/2021
Plaintiffs
City of Miami General Employees' & Sanitation Employees' Retirement Trust, Employees' Retirement Fund of the City of Fort Worth
Attorneys
Saxena White, P.A., Cohen Milstein Sellers & Toll Pllc , Bernstein Litowitz Berger & Grossmann LLP
Defendants
J. Adam Abram, Frank N. D'Orazio, Sarah C. Doran, Robert P. Myron
Judge
Hon. M. Hannah Lauck
Settlement agreement date
2023-12-22
Trades matching type
FIFO
Disbursement date
03/28/2025

Frequently Asked Questions

James River Group Holdings Ltd

James River Group Holdings, Ltd. provides specialty insurance services. It operates through Excess and Surplus Lines, and Specialty Admitted Insurance segments. The Excess and Surplus Lines segment...

    Ticker
    JRVR.US
    ISIN
    USG5005R1070
    CIK
    0001620459
    Sector
    Financial Services
    Industry
    Insurance - Specialty
    Country
    USA
    Address
    Wellesley House, Pembroke, Bermuda, HM 08