INVESTOR ALERT: Tostrud Law Group, PC Announces Investigation of ProAssurance Corporation (PRA) on Behalf of Investors
March 17 2020 - 12:00PM
Business Wire
Tostrud Law Group, PC announces an investigation on behalf of
ProAssurance Corporation (“ProAssurance” or the “Company”) (NYSE:
PRA) investors concerning the Company and its officers’ possible
violations of federal securities laws.
On January 22, 2020, after the market closed, ProAssurance
disclosed a $37 million charge to its loss reserves for fourth
quarter 2019 due to "deteriorating loss experience, driven by a
large national healthcare account."
On this news, the Company’s stock price fell as much as $4.81,
or nearly 13%, during intraday trading on January 23, 2020, thereby
injuring investors.
If you purchased ProAssurance securities, have information or
would like to learn more about these claims, or have any questions
concerning this announcement or your rights or interests with
respect to these matters, please contact Jon A. Tostrud of Tostrud
Law Group, PC by telephone at (310) 278-2600, toll-free at (855)
854-8678, or by email to shareholder@tostrudlaw.com, or visit our
website at http://tostrudlaw.com/.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
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version on businesswire.com: https://www.businesswire.com/news/home/20200317005215/en/
Tostrud Law Group, PC Jon A. Tostrud, Esquire 1925 Century Park
East, Suite 2100 Los Angeles, CA 90067 310-278-2600 855-854-8678
shareholder@tostrudlaw.com http://tostrudlaw.com/
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