Company name Markel Corporation
Stock symbol MKL
Status Under Investigation

NNEW YORK, May 22, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against certain officers and directors of Markel Corporation (NYSE: MKL) on behalf of Markel stockholders.  Our investigation concerns whether Markel has violated the federal securities laws and/or engaged in other unlawful business practices.

On January 1, 2019 a complaint was filed alleging that between July 26, 2017 and December 6, 2018, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects.  Specifically, defendants failed to disclose to investors that: (1) the company’s subsidiaries did not appropriately record loss reserves; (2) as a result, the 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 of the foregoing, defendant’s positive statements about the company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired Markel shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

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The submission of this form does not create an attorney-client relationship, nor any obligation on the part of Bragar Eagel & Squire, P.C., or you to file a legal action. Any information you submit will be maintained as confidential. If Bragar Eagel & Squire, P.C., in its sole discretion, believes that you might be an appropriate class representative, Bragar Eagel & Squire, P.C., will contact you to discuss the matter and to determine whether to establish an attorney client relationship.

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