introduction to the JAMES RIVER CLASS ACTION LAWSUITThe James River class action lawsuit seeks to represent purchasers or acquirers of James River Group Holdings, Ltd. (NASDAQ: JRVR) securities between August 7, 2023 and November 7, 2023 (the “Class Period”). Captioned Glantz v. James River Group Holdings, Ltd., No. 23-cv-10000 (S.D.N.Y.), the James River class action lawsuit charges James River and certain of its top executive officers with violations of the Securities Exchange Act of 1934. If you suffered losses in James River stock and wish to serve as lead plaintiff in the James River class action lawsuit, please contact James River Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the James River class action lawsuit must be filed with the court no later than January 12, 2024. Read on for answers to five frequently asked questions investors have about the James River class action lawsuit. WHAT ARE MY CHOICES IF I RECEIVE A NOTICE IN THE JAMES RIVER CLASS ACTION LAWSUIT?First, read the notice very carefully. You have two choices. First, you can do nothing and remain a member of the class represented by lead counsel. Second, if you believe you have a large enough loss to justify it, you can opt out of the James River class action lawsuit and file your own separate lawsuit. Note, that if you opt out, you will not be able to participate in any settlement or recovery obtained in the James River class action lawsuit. WHAT ARE MY CHOICES IF I RECEIVE A NOTICE IN THE JAMES RIVER CLASS ACTION LAWSUIT?First, read the notice very carefully. You have two choices. First, you can do nothing and remain a member of the class represented by lead counsel. Second, if you believe you have a large enough loss to justify it, you can opt out of the James River class action lawsuit and file your own separate lawsuit. Note, that if you opt out, you will not be able to participate in any settlement or recovery obtained in the James River class action lawsuit. CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF IN THE JAMES RIVER CLASS ACTION LAWSUIT?Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in James River stock, they may move the Court to be appointed lead plaintiff in the James River class action lawsuit. WHAT ARE THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE JAMES RIVER CLASS ACTION LAWSUIT?A Lead Plaintiff owes a fiduciary duty to the class, and therefore, must act in the best interest of the class in the James River class action lawsuit. Some of the responsibilities of the Lead Plaintiff in the James River class action lawsuit include:
WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE JAMES RIVER CLASS ACTION LAWSUIT SETTLES?No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the James River class action lawsuit. Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the James River class action lawsuit on behalf of investors who suffered losses in James River stock. CONTACT A JAMES RIVER STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN JAMES RIVER STOCK ABOUT A JAMES RIVER CLASS ACTION LAWSUITIf you suffered losses in James River stock, contact James River stock loss lawyer Timothy L. Miles today for a free case evaluation about a James River class action lawsuit. Call today and see what a James River stock loss lawyer could do for you if you suffered losses in James Riverstock. James River stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,​Class Action: Class Action: Top 9National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |
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