BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Hallmark Financial Services Inc., ("Hallmark Financial Services" or the "Company") (NASDAQ: HALL) investors concerning the Company and its officers’ possible violations of federal securities laws.
On March 2, 2020, Hallmark Financial Services issued a press release, stating that it "made the strategic decision to exit its Binding Primary Auto business."
On this news, the Company's share price fell $2.10, or over 14%, to close at $12.23 per share on March 3, 2020, thereby injuring investors.
If you purchased Hallmark Financial Services securities, have information or 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
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