ATLANTA, Jan. 12, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of federal securities law by Triad Guarantee Corporation ("Triad" or the "Company") (Nasdaq:TGIC). The investigation focuses on, among other things, whether Triad misstated its financial results by failing to adequately account for its loss reserves in violation of GAAP and whether the Company engaged in proper underwriting practices related to insurance written in 2006 and 2007 which resulted in the Company being exposed to far greater risks of losses and defaults than had been disclosed.
Shareholders who purchased Triad common stock between October 26, 2006 and June 18, 2008 with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.