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BOSTON, MA / ACCESSWIRE / September 3, 2019 / Thornton Law Firm LLP announces that a lawsuit has been filed against AmTrust Financial Services, Inc. (OTC PINK:AFSIA, AFSIB, AFSIC, AFSIM, AFSIN, AFSIP) alleging that AmTrust violated the federal securities laws. Investors who purchased AmTrust preferred stock between January 22, 2018 and January 18, 2019 are encouraged to contact the Thornton Law Firm and learn more about the case at www.tenlaw.com/cases/AmTrust. The lawsuit alleges that in connection with AmTrust's merger announced in 2018, AmTrust informed investors that, unlike AmTrust's common shares, which were being acquired in the Buyout, the six series of publicly traded AmTrust preferred stock were not being purchased in the Merger.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Amynta Agency Borrower, Inc. New York, May 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Amynta Agency Borrower, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
The rating outlook for Amynta is stable. Amynta's ratings reflect its growing market presence in US warranty products, particularly vehicle service contracts, which it sells through multiple distribution channels. Amynta also owns managing general agency operations that target small businesses and distribute a wide array of property and casualty products through regional insurance agents and service providers.
How do we determine whether Amtrust Financial Services, Inc. (NASDAQ:AFSI) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data […]