According to a press release an investigation on behalf of investors in Triad Guarantee Corp (NASDAQ: TGIC) over possible violations of federal securities law by Triad Guarantee Corporation (NASDAQ: TGIC) was announced.

According to the press release by a law firm the investigation focuses on, among other things, whether Triad Guarantee Corporation (NASDAQ: TGIC) misstated its financial results by failing to adequately account for its loss reserves in violation of GAAP and whether Triad Guarantee Corporation (NASDAQ: TGIC) 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. Triad Guaranty Inc. is a holding company that provides private mortgage insurance coverage in the United States through its wholly owned subsidiary, Triad Guaranty Insurance Corporation (Triad).