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 SettlementE.D. Virginia
Court3:21-cv-00444
Case number02/22/2019
Class period Start10/25/2021
Class period End06/25/2024
Claim deadlineJames 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
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