Kessler Topaz Meltzer & Check, LLP: Investigation on Behalf of James River Group Holdings, Ltd Shareholders

Kessler Topaz Meltzer & Check, LLP is currently investigating potential violations of the federal securities laws on behalf of purchasers of James River Group Holdings, Ltd. (“James River”)(NASDAQ: JRVR) securities between February 22, 2019 and May 5, 2021.

James River investors may receive additional information about the investigation by clicking the link "Submit Your Information" above.

James River provides specialty insurance and reinsurance services in the United States.  It operates through Excess and Surplus Lines, Specialty Admitted Insurance, and Casualty Reinsurance segments.

On October 8, 2019, James River disclosed that it had delivered a notice of early cancellation of all policies issued to its largest customer, Rasier LLC.  On October 9, 2019, James River’s share price fell $11.06, or over 23% on this news, to close at $37.88 per share. 

Then, on May 5, 2021, James River announced its first quarter 2021 financial results, reporting “$170.0 million of unfavorable development in Commercial Auto, primarily driven by a previously canceled account that has been in runoff since 2019.”  James River’s share price fell over 26% on this news, to close at $33.94 per share on May 6, 2021.

If you have any questions or would like to discuss this investigation, please contact Kessler Topaz Meltzer & Check, LLP:  James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll-free at (844) 887-9500; or via e-mail at [email protected].