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Fairfax Financial Holdings Limited: SEC Completes Fairfax Investigation

^{Published on 2009-06-25 12:14:02, Last Modified on 2009-06-25 12:14:19 - Market Wire}
 

TORONTO, ONTARIO--(Marketwire - June 25, 2009) - Fairfax Financial Holdings Limited (TSX:FFH)(NYSE:FFH) announces that it has been informed by the New York Regional Office of the Securities and Exchange Commission that its investigation as to Fairfax has been completed and that it does not intend to recommend any enforcement action by the Commission.

Prem Watsa, Fairfax's Chairman and Chief Executive Officer, commented, "We were gratified to learn that the SEC staff does not intend to recommend any enforcement action against Fairfax. Throughout this investigation, we provided full cooperation to the SEC, and we are pleased that the investigation has been concluded in this manner."

Fairfax Financial Holdings Limited is a financial services holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.