NEW
YORK, Dec. 16, 2022 /PRNewswire/ -- Jakubowitz
Law announces that a securities fraud class action lawsuit has
commenced on behalf of shareholders of Argo Group International
Holdings, Ltd. (NYSE: ARGO).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/argo-group-loss-submission-form/?id=34643&from=4
This lawsuit is on behalf of investors that purchased or
otherwise acquired Argo common stock between February 13, 2018 and August 9, 2022.
Shareholders interested in acting as a lead plaintiff
representing the class of wronged shareholders have until
December 20, 2022 to petition
the court. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff.
According to a filed complaint, Argo Group International
Holdings, Ltd. issued materially false and/or misleading statements
and/or failed to disclose 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.
Jakubowitz Law is vigorous in pursuit of justice for
shareholders who have been the victim of securities fraud. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law