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AMERICAN TRAVELLERS CORPORATION REPORTS THE FILING OF COMPLAINTS

 AMERICAN TRAVELLERS CORPORATION REPORTS THE FILING OF COMPLAINTS
 BENSALEM, Pa., March 9 /PRNewswire/ -- American Travellers Corporation (NASDAQ: ATVC) today reported that two class action complaints have been filed in the U.S. District Court for the Eastern District of Pennsylvania against the company and certain of its officers.
 American Travellers Chairman John A. Powell stated that the actions, which seek damages based on allegations of misstatements and omissions of material facts concerning the business, financial condition and future prospects of the company, were apparently prompted by adjustments to the company's previously reported earnings for the second and third quarters of 1991. The adjustments were announced by the company on March 3, 1992, along with the company's report of its financial results for the fourth quarter of 1991 and for the year ended Dec. 31, 1991.
 Powell stated that the company strongly denies any wrongdoing and intends to vigorously defend the actions.
 /delval/
 -0- 3/9/92
 /CONTACT: John A. Powell, chairman of American Travellers, 215-244-1600/
 (ATVC) CO: American Travellers Corporation ST: Pennsylvania IN: INS SU:


MK-JS -- PH046 -- 6554 03/09/92 16:30 EST
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Publication:PR Newswire
Date:Mar 9, 1992
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