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WCAGY; WRCDF, BRS & MHLD Bronstein, Gewirtz & Grossman, LLC Reminds Stockholders of Class Action

Thursday, 28 February 2019 10:25 AM

Bronstein, Gewirtz and Grossman, LLC

NEW YORK, NY / ACCESSWIRE / February 28, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss, you can request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Wirecard AG (OTC PINK: WCAGY; WRCDF)
Class Period: April 7, 2016 - February 1, 2019
Deadline:
April 9, 2019
For more info:
www.bgandg.com/wrcdf

The Complaint alleges that throughout the Class Period, Defendants failed to disclose that: (1) for the period spanning from 2015 to 2018, a senior Wirecard executive in Singapore had been accused of forging and backdating contracts, including falsifying accounts and money laundering; (2) an external law firm commissioned to investigate Wirecard's Singapore office had reportedly found evidence of "serious offences of forgery and/or of falsification of accounts"; (3) Wirecard had downplayed weaknesses in its internal controls over financial reporting and failed to disclose the true extent of those weaknesses; and (4) as a result, defendants' statements about Wirecard's business, operations and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Bristow Group Inc. (NYSE: BRS)

Class Period: February 8, 2018 - February 12, 2019
Deadline:
April 15, 2019
For more info:
www.bgandg.com/brs

The Complaint alleges that Defendants made materially false and misleading statements and/or failed to disclose that: (1) Bristow lacked adequate monitoring processes related to non-financial covenants within its secured financing and lease agreements; (2) Bristow could not reasonably assure compliance with certain non-financial covenants; (3) Bristow was reasonably likely to breach certain agreements; (4) Bristow had understated its short-term debt; (5) the required corrections would materially impact financial statements; (6) there was a material weakness in Bristow's internal controls over financial reporting; and (7) as a result of the foregoing, defendants' positive statements about Bristow's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Maiden Holdings, Ltd. (NASDAQ: MHLD)
Class Period:
March 4, 2014 - November 9, 2018
Deadline:
April 12, 2019
For more info:
www.bgandg.com/mhld

The Complaint alleges that throughout the Class Period, Defendants failed to disclose material information. Specifically, the complaint alleges that Defendants misrepresented the quality and nature of Maiden's underwriting and risk management policies and practices and the risks of its reinsurance portfolio.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz

212-697-6484 | [email protected]

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Topic:
Advertorial
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