|[September 19, 2013]
Law Office of Brodsky & Smith, LLC Notifies Meadowbrook Insurance Group, Inc. Shareholders of October 15, 2013 Deadline in Putative Class Action Lawsuit
BALA CYNWYD, Pa. --(Business Wire)--
Law Office of Brodsky & Smith, LLC announces that a class action lawsuit
has been filed in the United States District Court for the Southern
District of New York on behalf of all those investors who purchased or
otherwise acquired shares of Meadowbrook Insurance Group, Inc. (NYSE:
MIG) ("Meadowbrook" or the "Company") between May 7, 2012 and August 7,
2013, inclusive (the "Class Period").
Click here to learn more about the investigation http://brodsky-smith.com/643-mig-meadowbrook-insurance-group-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
The Complaint alleges that the defendants made materially false and
misleading statements, as well as failed to disclose material adverse
facts including that the Comany's financial stability was severely
impaired, the Meadowbrook's financial position was not sufficiently
strong to support its insurance operations, that the Company was in
breach of its financial covenants, the Company lacked adequate financial
and internal controls and that Meadowbrook's goodwill was artificially
inflated. After the Company delayed the filing of its most recent
Quarterly Report, Meadowbrook announced on August 14, 2013 that it would
take a $115.4 million non-cash impairment of goodwill in the three
months ended June 30, 2013.
If you are a member of the class described above, you may, not later
than October 15, 2013, move the Court to serve as a lead
plaintiff of the class, if you so choose. If you purchased shares of
Meadowbrook stock during the Class Period and wish to discuss this
action, you may e-mail or call the Law Office of Brodsky & Smith, LLC
who will, without obligation or cost to you, answer your questions.
Please contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004,
by e-mail at email@example.com,
by visiting http://brodsky-smith.com/643-mig-meadowbrook-insurance-group-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and class
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and successfully recovered millions of dollars for our clients
and shareholders. Attorney advertising. Prior results do not guarantee a
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