Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Markel Corporation    MKL

MARKEL CORPORATION

(MKL)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Markel Corporation – MKL

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 10:55pm EDT

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Markel Corporation (NYSE: MKL) from July 26, 2017 through December 6, 2018, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Markel investors under the federal securities laws.

To join the Markel class action, go to https://www.rosenlegal.com/cases-1490.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or zhalper@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Markel’s subsidiaries did not appropriately record loss reserves; (2) consequently, Markel’s loss reserves would need to be adjusted and/or restated; (3) these misleading accounting practices would lead to regulatory scrutiny and financial loss to investors; and (4) as a result, defendants’ positive statements about Markel’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 12, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-1490.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or zhalper@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.


© Business Wire 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MARKEL CORPORATION
05:45pMARKEL CORPORATION : associate wins CLM's young industry professional of the yea..
PR
03/21MARKEL CORPORATION : releases 2018 annual report
PR
03/15MARKEL CORPORATION : releases annual letter to shareholders
AQ
03/07ROBBINS GELLER RUDMAN & DOWD LLP : Files Class Action Suit against Markel Corpor..
BU
03/04(MKL) ALERT : Johnson Fistel Reminds Investors of Deadline in the Class Action L..
PR
02/22MARKEL CORP : Change in Directors or Principal Officers (form 8-K)
AQ
02/15MARKEL : Appoints Trade Credit Underwriter in Dubai
AQ
02/08MARKEL CORP : Entry into a Material Definitive Agreement (form 8-K)
AQ
02/06MARKEL : 4Q Earnings Snapshot
AQ
02/05MARKEL CORP : Results of Operations and Financial Condition, Financial Statement..
AQ
More news
Financials ($)
Sales 2019 7 742 M
EBIT 2019 735 M
Net income 2019 524 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 25,63
P/E ratio 2020 25,15
Capi. / Sales 2019 1,77x
Capi. / Sales 2020 1,68x
Capitalization 13 741 M
Chart MARKEL CORPORATION
Duration : Period :
Markel Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MARKEL CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Average target price 1 133 $
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Thomas Sinnickson Gayner Co-Chief Executive Officer & Director
Richard Reeves Whitt Co-Chief Executive Officer & Director
Bradley James Kiscaden President & Chief Administrative Officer
Alan I. Kirshner Executive Chairman
Jeremy A. Noble Chief Financial Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
MARKEL CORPORATION-5.16%13 741
BERKSHIRE HATHAWAY INC.0.37%503 006
TOKIO MARINE HOLDINGS INC5.12%35 659
THE TRAVELERS COMPANIES12.21%35 392
THE ALLSTATE CORPORATION14.47%31 400
SAMPO11.90%27 100