Thieler Law Corp advises investors with losses exceeding $100,000 of the May 1, 2017 lead plaintiff deadline in a class action lawsuit filed against AmTrust Financial Services Inc (NASDAQ: AFSI) (“AmTrust” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased AmTrust Financial Services Inc securities between May 10, 2016, and February 24, 2017, have until May 1, 2017 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased AmTrust Financial Services Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that AmTrust had ineffective assessment of the risks associated with the financial reporting; AmTrust had an insufficient complement of corporate accounting and corporate financial reporting resources within the organization; as a result, AmTrust lacked effective controls over financial reporting; and consequently, defendants' statements about AmTrust's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

On February 27, 2017, AmTrust revealed in a press release that it had identified material weaknesses in its internal control over financial reporting that existed as of December 31, 2016. Additionally, AmTrust disclosed that the weaknesses were related to ineffective assessment of the risks associated with the financial reporting and an insufficient complement of corporate accounting and corporate financial reporting resources. The Company also stated that the weaknesses had not been fully remediated "due to insufficient time to fully implement and assess the design and operating effectiveness of the related controls."

Following this news, NASDAQ: AFSI fell over 19%, to close at $22.34 per share on February 27, 2017.

If you were negatively impacted by your investment in AmTrust Financial Services Inc securities between May 10, 2016, and February 24, 2017 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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