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AmTrust Responds to WSJ Report, Beefs Up Financial Management

Wednesday, April 12, 2017 | 0

AmTrust Financial Services on Tuesday responded to an article in the Wall Street Journal, saying it is not aware of an alleged Federal Bureau of Investigation probe in 2014 that looked into the company’s accounting practices in response to complaints made by short sellers. “AmTrust is not aware of any such investigation, nor for that matter, has it ever been contacted by the FBI with respect to such an investigation,” the company said in a statement. “Further, AmTrust is not aware of any special examination by the New York Department of Financial Services, other t...

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