The Law Offices of Frank R. Cruz Announces Investigation of Atlas Financial Holdings, Inc. (AFH, AFHIF)
LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Atlas Financial Holdings, Inc. (“Atlas” or the “Company”) (NASDAQ: AFH, AFHIF) concerning whether the board breached its fiduciary duty to shareholders.
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In May 2019, Atlas received a delinquency notice from NASDAQ because it had not timely filed its annual report for the period ended December 31, 2018 or its quarterly report for the period ended March 31, 2019. Over the next several months, the Company received additional notices from NASDAQ stating that Atlas was not in compliance with listing requirements due to the continued…