Roy Jacobs & Associates Announces Investigation on Behalf of Preferred Stockholders of AmTrust Financial Services, Inc. (“AFSI”)

NEW YORK--()--Roy Jacobs & Associates announces that it is investigating possible claims involving the rights of AFSI preferred stockholders, Series A through F (AFSI and AFSI-PA, AFSI-PB, AFSI-PC, AFSI-PD, AFSI-PE and AFSI-PF at Yahoo Finance).

If you are a holder of AFSI Preferred stock, and desire further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail to rjacobs@jacobsclasslaw.com.

AmTrust Financial Services, Inc. (Nasdaq: AFSI) (the "Company" or "AmTrust"), announced that its board of directors appointed a special committee to consider the January 9, 2018, proposal from private equity funds and the Company management to take the Company private. This proposal may create financial uncertainties which adversely affect the rights of the Preferred shares. Due to these uncertainties, Preferred shares have fallen roughly 25% in value. As one journalist has observed: “Problems that could persist after a buyout include the ongoing review by A.M. Best of AmTrust's credit rating, ‘with negative implications.’ The announced buyout deal didn't mention AmTrust's $900 million in non-cumulative preferred stock, whose dividends might be affected.”

The Board of Directors has announced no action thus far to protect the Preferred holders.

If you are a holder of the Preferred stock, series A-F of AFSI and continue to hold your shares and you are concerned about this possible wrongdoing (or failure to protect your rights) and wish to discuss your rights, please contact Roy L. Jacobs. Mr. Jacobs will be glad to personally speak with you without charge, toll-free at 1-888-884-4490 or by e-mail to rjacobs@jacobsclasslaw.com.

Contacts

Roy Jacobs & Associates
Roy L. Jacobs, Esq.
1-888-884-4490 (Toll-free)
rjacobs@jacobsclasslaw.com
www.jacobsclasslaw.com

Roy Jacobs & Associates