TBBK - Lowey Dannenberg P.C. is Investigating The Bancorp Inc. (TBBK or the Company) (NASDAQ:TBBK) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50000 in Losses to Contact the Firm
NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating The Bancorp, Inc. (“TBBK” or the “Company”) (NASDAQ:TBBK) for potential violations of the federal securities laws. The firm’s investigation is in connection with a recent report by activist short seller Culper Research alleging that TBBK has misrepresented the quality of its real estate bridge loan portfolio and contending that TBBK’s related loss reserves were inadequate.
If you suffered a loss of more than $50,000 in TBBK securities, and wish to participate, learn more, or discuss the issues surrounding the investigation, please contact attorneys at (914) 733-7256 or via email to Andrea Farah (afarah@lowey.com) or Vincent R. Cappucci Jr. (vcappucci@lowey.com).
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
Contact
Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: investigations@lowey.com
SOURCE: Lowey Dannenberg