Investigation Launched Into Securities Fraud at The Bancorp, Inc. – Investors Advised …
n registration statements. The Company further revealed it is working expeditiously to perform and complete additional closing procedures related to accounting for consumer fintech loans in the allowance for credit losses in order to file an amended Annual Report.
As a result of this news, TBBK’s stock price dropped $2.35, or 4.4%, to close at $51.24 per share on March 5, 2025, causing further harm to investors.
If you are interested in learning more about this investigation or have questions about your rights in this matter, please reach out to us.
Charles Linehan, Esq.
Glancy Prongay & Murray LLP
1925 Century Park East, Suite 2100
Los Angeles, California 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Individuals with confidential information regarding TBBK should consider aiding the investigation or taking advantage of the SEC Whistleblower Program. Whistleblowers providing original information may receive rewards of up to 30 percent of any successful recovery by the SEC.
Glancy Prongay & Murray LLP is a distinguished law firm that represents investors in securities litigation and other intricate class action lawsuits. The firm has consistently ranked among the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPM was listed as a top five law firm in terms of securities class action settlements and top six in total dollar size of settlements.
With offices across the nation and nearly 40 attorneys, GPM has secured groundbreaking rulings and recovered billions of dollars for investors in various legal actions. The firm’s lawyers have handled cases involving a wide array of corporate misconduct across different industries. Past successes by GPM have been widely reported in top news and industry publications.
In conclusion, Glancy Prongay & Murray LLP is committed to advocating for investor rights and seeking justice in securities litigation cases to protect individuals who have suffered financial losses due to alleged violations. If you are an investor impacted by the events concerning The Bancorp, Inc. (TBBK), we encourage you to take action and contact us for further information on how to potentially recover your losses.
