INVESTOR ALERT: Class Action Lawsuit Filed Against The Bancorp, Inc. (NASDAQ: TBBK) for Shareholders Who Suffered Losses in Excess of $100,000
The Bancorp Shareholder Alert: Claims Filer Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline
Boca Raton, FL - (April 25, 2023) - The Securities Litigation Law Group, a national law firm specializing in securities class action lawsuits, reminds investors who suffered losses in excess of $100,000 in The Bancorp, Inc. (NASDAQ: TNBP) that the deadline to move forward as the lead plaintiff in a class action lawsuit is approaching.
The lawsuit, filed in the United States District Court for the District of Delaware, alleges that The Bancorp and certain of its executives made false and misleading statements to the investing public, causing the company's stock price to artificially inflate. The lawsuit seeks to recover losses for investors who purchased The Bancorp's common stock between March 3, 2022, and March 17, 2023, inclusive.
The Securities Litigation Law Group is investigating claims on behalf of investors who suffered significant losses as a result of The Bancorp's alleged misconduct. The firm is seeking investors who purchased The Bancorp's common stock during the class period and suffered losses in excess of $100,000 to serve as the lead plaintiff in the lawsuit.
"We believe that The Bancorp's alleged false and misleading statements had a material impact on the company's stock price, causing investors to suffer significant losses," said David A. Kessler, the firm's managing partner. "We are committed to helping investors recover their losses and holding The Bancorp and its executives accountable for their alleged wrongdoing."
Investors who suffered losses in excess of $100,000 and are interested in serving as the lead plaintiff in the lawsuit should contact the Securities Litigation Law Group at (561) 955-5399 or email info@securitieslitigationlawgroup.com. The deadline to move forward as the lead plaintiff is May 25, 2023.