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Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Yangtze River, YRC Worldwide, Natural Health, and Maiden Holdings and Encourages Investors to Contact the Firm

NEW YORK, March 03, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Yangtze River Port and Logistics Limited, YRC Worldwide Inc, Natural Health Trends Corp., and Maiden Holdings, Ltd. Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff.  Additional information about each case can be found at the link provided.

Yangtze River Port and Logistics Limited (NASDAQ: YRIV)

Class Period: February 2, 2016 - December 5, 2018

Lead Plaintiff Deadline: March 4, 2019

The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) Yangtze’s purported lease of the Wuhan Yangtze River Newport Logistics Center, the company’s main asset, was a fabrication; (2) Yangtze’s only operating subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd., was declared insolvent in China due to a number of default judgments against it; and (3) as a result, defendant’s statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Yangtze class action go to: http://bespc.com/yriv/.

YRC Worldwide Inc. (NASDAQ: YRCW)

Class Period: March 10, 2014 - December 14, 2018

Lead Plaintiff Deadline: March 4, 2019

The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) from 2005 to at least 2013, YRC Worldwide’s units systematically overcharged the federal government for freight carrier services; (2) this alleged misconduct caused the Department of Defense to overpay by millions of dollars for shipments that were lighter, and thus cheaper, than the weights for which the government was charged; (3) consequently, this alleged misconduct would subject YRC Worldwide to enhanced government scrutiny and liabilities, including potentially owing treble damages under the False Claims Act; and (4) as a result, YRC Worldwide’s public statements were materially false and misleading at all relevant times.

To learn more about the YRC Worldwide class action go to: http://bespc.com/yrcw/.

Natural Health Trends Corp. (NASDAQ: NHTC)

Class Period: April 27, 2016 - January 5, 2019

Lead Plaintiff Deadline: March 11, 2019

The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) Natural Health Trends was operating as a pyramid scheme in China, which is contrary to Chinese law; (2) consequently, Natural Health Trends was not in compliance with applicable Chinese law; and (3) as a result, defendants statements about Natural Health Trends business, operations, and prospects, were false and misleading and/or lacked a reasonable basis at all relevant times.

To learn more about the Natural Health class action go to: http://bespc.com/nhtc/.

Maiden Holdings, Ltd. (NASDAQ: MHLD)

Class Period: March 4, 2014 - November 9, 2018

Lead Plaintiff Deadline: April 12, 2019

The complaint alleges that throughout the class period defendants misrepresented the quality and nature of Maiden’s underwriting and risk management policies and practices and the risks of its reinsurance portfolio.  Specifically, the complaint alleges that defendants misleadingly claimed that they were subjecting AmTrust’s insurance portfolio to robust analysis and cross-checks to ensure that the company had appropriately priced the risk of reinsuring AmTrust’s insurance portfolio. According to the complaint, the company failed to employ sufficient underwriting and risk management protocols and had largely abdicated its responsibility to ensure that its AmTrust Reinsurance segment priced policies commensurate with the risk assumed by the Company.

To learn more about the Maiden class action go to: http://bespc.com/mhld/.

Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com.  Attorney advertising.  Prior results do not guarantee similar outcomes. 

Contacts

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com

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