NEW YORK, Feb. 28, 2017 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at AmTrust Financial Services, Inc. ("AmTrust" or the "Company") (AFSI).
The investigation focuses on whether the Company and its executives violated federal securities laws. Specifically, during pre-market on February 27, 2017, AmTrust filed a Form 8-K with the Securities and Exchange Commission ("SEC"). The Form 8-K revealed that, among other things, the Company "identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016, specifically related to ineffective assessment of the risks associated with the financial reporting, and an insufficient complement of corporate accounting and corporate financial reporting resources within the organization." The Company further disclosed that it would not timely file its 2016 annual financial statements. As a result of this news, AmTrust stock significantly declined, causing harm to investors.
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If you invested in AmTrust stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/AFSI. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding AmTrust's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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