Kessler Topaz Meltzer & Check, LLP Reminds TBBK Investors of May 16, 2025 Deadline in Securities Fraud Class Action and Urges Investors with Losses to Contact the Firm
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Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against The Bancorp, Inc. (TBBK) alleging multiple financial reporting and disclosure irregularities. The lawsuit covers the period from January 25, 2024, to March 4, 2025, with a lead plaintiff deadline of May 16, 2025. Key allegations include underrepresenting loan default risks, insufficient credit loss methodology, and potential material weaknesses in financial reporting.
April 11, 2025 | 7:15 pm
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The Bancorp is facing a class action lawsuit alleging multiple financial reporting and disclosure failures, which could potentially impact investor confidence and stock valuation.
The lawsuit alleges significant financial reporting issues that could damage investor trust, potentially leading to stock price decline. Multiple serious allegations suggest substantial legal and financial risk.
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