AmTrust shares plummet 25% on FBI probe report

Shares in troubled US carrier AmTrust have dropped 25 percent
during morning trading in New York as markets reacted to a Wall
Street Journal (WSJ) report that detailed an FBI investigation
into the company.
The stock was trading down 25 percent at $14.11 as of 16:00 UK
time as investors punished the company over concerns about the
integrity of its financial reporting.
The WSJ report outlined how the FBI secretly recorded
conversations at the carrier's auditor BDO USA via a...