Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of The Bancorp

Deadline Alert: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of The Bancorp

New York, NY - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating claims on behalf of investors who purchased or acquired the securities of The Bancorp, Inc. ("The Bancorp" or the "Company") (NASDAQ: BNCL).

The investigation focuses on whether The Bancorp and its officers and/or directors have engaged in any "wrongful" acts or omissions, including but not limited to, misrepresenting the Company's financial performance, failing to disclose material information, or making false or misleading statements to the market or to investors.

On February 24, 2023, The Bancorp announced that it would be merging with a financial institution in a deal valued at approximately $1.3 billion. The merger is expected to close in the second half of 2023, subject to regulatory approval and other customary closing conditions.

The investigation is ongoing and investors who purchased or acquired The Bancorp's securities are encouraged to contact Faruqi & Faruqi, LLP to discuss their potential legal rights.

Faruqi & Faruqi, LLP is a national securities law firm with extensive experience in investigating and prosecuting corporate fraud cases. The firm has a strong track record of recovering losses on behalf of its clients and is committed to providing the highest level of service to its clients.

If you have any information or would like to learn more about the investigation, please contact Faruqi & Faruqi, LLP's investigations department by calling (877) 247-4292 or by sending an e-mail to investigations@farquifaruqi.com. You can also contact the firm's main office by calling (212) 983-9331, or by sending an e-mail to info@farquifaruqi.com. The investigation is ongoing and additional information can be obtained by visiting the firm's website at www.farquifaruqi.com.