ROSEN, GLOBAL INVESTOR COUNSEL, Encourages The Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TBBK
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Rosen Law Firm has filed a class action lawsuit against The Bancorp, Inc. (TBBK) alleging the company made false and misleading statements about its real estate bridge loan portfolio, credit loss methodology, internal financial controls, and financial statement approvals during the period from January 25, 2024 to March 4, 2025.
March 24, 2025 | 9:15 pm
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The lawsuit claims TBBK misrepresented risks in its real estate bridge loan portfolio and had material weaknesses in financial reporting, which could impact investor confidence and stock performance.
The comprehensive lawsuit alleging multiple financial reporting and risk management failures could negatively impact TBBK's stock price by eroding investor trust and potentially leading to financial penalties or settlements.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100