Press release
Deadline in Lawsuit for Investors in shares of Kingstone Companies, Inc. (NASDAQ: KINS)
A Deadline is coming up on August 12, 2019in the lawsuit for certain investors in Kingstone Companies, Inc. (NASDAQ: KINS) .
Investors who purchased shares of Kingstone Companies, Inc. (NASDAQ: KINS) have certain options and there are strict and short deadlines running. Deadline: August 12, 2019. NASDAQ: KINS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges on behalf of purchasers of Kingstone Companies, Inc. (NASDAQ: KINS) common shares between March 14, 2018 and April 29, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 14, 2018 and April 29, 2019, the Defendants failed to disclose to investors that the Company did not adequately follow industry best practices related to claims handling, that, as a result, the Company did not record sufficient claims reserves, that the Company lacked adequate internal control over financial reporting, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Kingstone Companies, Inc. (NASDAQ: KINS) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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