TBBK Investor Alert: Kessler Topaz Meltzer & Check, LLP Urges TBBK Investors with Losses to Contact the Firm
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A securities class action lawsuit has been filed against The Bancorp, Inc. (TBBK) alleging multiple financial reporting and risk management issues. The lawsuit claims the company misrepresented risks in its real estate bridge loans portfolio, had insufficient credit loss methodologies, and potentially had material weaknesses in internal financial controls. Investors who purchased TBBK securities between January 25, 2024, and March 4, 2025, are invited to participate in the potential class action.
April 01, 2025 | 7:30 pm
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The lawsuit alleges significant issues with The Bancorp's financial reporting, loan risk assessment, and internal controls, which could substantially impact investor confidence and stock valuation.
The comprehensive allegations of financial misrepresentation, potential internal control weaknesses, and unverified financial statements suggest significant negative implications for TBBK's stock price and investor trust.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100