ARGO GROUP SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Argo Group International Holdings, Ltd. – ARGO

NEW ORLEANS, Oct. 25, 2022 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder knowledge provider, reminds traders that they’ve till December 19, 2022 to record lead plaintiff programs in a securities elegance motion lawsuit towards Argo Team Global Holdings, Ltd. (NYSE: ARGO), in the event that they bought the Corporate’s stocks between February 13, 2018 and August 9, 2022, inclusive (the “Magnificence Length”). This motion is pending in america District Court docket for the Southern District of New York.

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Argo Team traders will have to discuss with us at or name toll-free (844) 367-9658. Attorneys at Kahn Swick & Foti, LLC are to be had to talk about your prison choices.

In regards to the Lawsuit

Argo Team and sure of its executives are charged with failing to reveal subject material knowledge throughout the Magnificence Length, violating federal securities regulations.

On August 8, 2022, the Corporate disclosed that it had entered right into a Loss Portfolio Switch settlement with an entirely owned subsidiary of Enstar Team Restricted protecting a majority of the corporate’s U.S. casualty insurance coverage reserves and that it expected spotting an after-tax fee of roughly $100 million in reference to the transaction within the 3rd quarter of 2022.

In this information, stocks of Argo inventory plummeted roughly 28%, from a remaining worth of $32.22 consistent with percentage on August 8, 2022 to a remaining worth of $23.10 consistent with percentage on August 10, 2022.

The case is The Police & Hearth Retirement Gadget Town of Detroit v. Argo Team Global Holdings, Inc., Thomas A. Bradley, Scott Kirk, Kevin J. Rehnberg, Mark E. Watson, III and Jay S. Bullock, 1:22-cv-08971.

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