Fryman v. Atlas Financial Holdings, Inc. et al

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Case Number:

1:18-cv-01640

Court:

Illinois Northern

Nature of Suit:

850(Securities/Commodities)

Multi Party Litigation:

Class Action

Judge:

Honorable Franklin U. Valderrama

Firms

Companies

Sectors & Industries:

  1. December 05, 2022

    Transpo Insurer Atlas Reaches $5M Deal To End Investor Suit

    Investors in transportation insurance company Atlas Financial Holdings have asked a Chicago federal court to give an initial nod to a $5 million settlement deal that would end claims the company failed to properly manage its loss reserves, hurting investors when revelations about the reserves pushed down trading prices for its shares.

  2. May 26, 2020

    Transpo Insurer Atlas Beats Stock Suit Over Loss Reserves

    An Illinois federal judge held on Tuesday that shareholders in Atlas Financial Holdings haven't adequately alleged that the commercial transportation insurer knew its loss reserves were underfunded in recent years but withheld that information from investors.