Dec. 12 (Bloomberg) — AmTrust Financial Services Inc., the insurer that bought an auto-warranty business from Ally Financial Inc., plunged after GeoInvesting challenged the company’s accounting. AmTrust dropped $4.63, or 12 percent, to $33.67 at 4 p.m. in New York, […]
We believe short sellers have the winning position in AmTrust Financial Services (AFSI). Owners of AFSI should take careful note of the discussions of consolidation of earnings and valuation of assets that could result in large losses and regulatory scrutiny […]