TBBK SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that The Bancorp, Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
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Bronstein, Gewirtz and Grossman, LLC has filed a class action lawsuit against The Bancorp, Inc. (TBBK) alleging multiple financial reporting and disclosure violations during the period of January 25, 2024 to March 4, 2025. The lawsuit claims the company misrepresented risks in its loan portfolio, had insufficient credit loss methodologies, and potentially had material weaknesses in financial reporting.
March 26, 2025 | 11:15 am
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The class action lawsuit alleges significant financial reporting issues that could impact investor confidence and potentially lead to financial restatements or regulatory scrutiny.
The lawsuit alleges multiple serious financial reporting issues including loan portfolio risk misrepresentation, insufficient credit loss methodology, and potential internal control weaknesses. These allegations could trigger investor uncertainty, potential financial restatements, and regulatory investigations, likely causing negative short-term stock price pressure.
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