EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of ProAssurance Corporation

NEW YORK, NY / ACCESSWIRE / January 30, 2020 / Levi & Korsinsky notifies investors that it has commenced an investigation of ProAssurance Corporation ("ProAssurance" or "the Company") (NYSE:PRA) concerning possible violations of federal securities laws.

After the market closed on January 22, 2020, ProAssurance disclosed a preliminary charge estimate of $37 million in year loss reserves mostly driven by a large national healthcare account experiencing losses far exceeding previous assumptions.

On this news, the ProAssurance's share price fell over 11%, to close at $33.40 per share on January 23, 2020.

To obtain additional information, go to:

https://www.zlk.com/pslra-1/proassurance-corporation-loss-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 574642