BRBS - BLUE RIDGE ALERT: Bragar Eagel & Squire P.C. is Investigating Blue Ridge Bankshares Inc. on Behalf of Blue Ridge Stockholders and Encourages Investors to Contact the Firm | Benzinga
NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Blue Ridge Bankshares, Inc. ("Blue Ridge" or the "Company") (NYSE:BRBS) on behalf of Blue Ridge stockholders. Our investigation concerns whether Blue Ridge has violated the federal securities laws and/or engaged in other unlawful business practices.
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On October 31, 2023, Blue Ridge disclosed in a filing with the U.S. Securities and Exchange Commission that its management "and the Audit Committee of its Board of Directors, after consultation with the Company's independent registered public accounting firm and its primary regulator, determined that certain specialty finance loans that, as previously disclosed, were placed on nonaccrual, reserved for, or charged off in the interim periods ended March 31, 2023 and ...