NEW YORK, July  28, 2026  (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Pathward Financial, Inc. (&#34;Pathward&#34; or the &#34;Company&#34;) (NASDAQ:CASH). The

CASH

CASH INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

Pathward Faces securities probe; rising losses and lower guidance weigh on CASH

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, July  28, 2026  (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Pathward Financial, Inc. (&amp;#34;Pathward&amp;#34; or the &amp;#34;Company&amp;#34;) (NASDAQ:CASH). The</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Pathward Financial (CASH) is under a securities investigation led by Kirby McInerney LLP, with no lawsuit filed yet. The company reported Q3 2026 provisions for credit losses of $28.3 million and nonperforming loans of $277.5 million, prompting a guidance cut to $7.80-$8.20 per share. The combination of legal risk and weaker earnings prospects could keep the stock under pressure in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kirby McInerney LLP investigating Pathward (CASH) for securities claims.</li><li>Q3 2026: credit losses $28.3M; nonperforming loans $277.5M.</li><li>FY2026 EPS guidance cut to $7.80-$8.20 from $8.55-$9.05.</li><li>Stock down 6.26% to $83.12 on July 23, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Pathward Financial, Inc. (CASH)</strong>: Subject of ongoing securities investigation; potential impact on earnings and stock price until facts clarified.</li><li><strong>Kirby McInerney LLP (KM)</strong>: Leading the investigation; news flow could heighten volatility though no lawsuit filed yet.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Legal – the article centers on a securities-law investigation into Pathward, creating legal and earnings uncertainty that can affect CASH&#039;s valuation and risk profile.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Investigation news flow could extend volatility in CASH share price.</li><li>Rising credit losses and NPLs compress margins and ROA.</li><li>Guidance reduction lowers valuation multiples and stickiness of earnings.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Pathward Financial, Inc. (CASH) under securities investigation by Kirby McInerney LLP as of July 28, 2026.</li><li>Q3 2026 provision for credit losses: $28.3 million for quarter ended June 30, 2026.</li><li>Nonperforming loans: $277.5 million; prior quarter $119.8 million; June 30, 2025: $74.7 million.</li><li>Fiscal 2026 EPS guidance lowered to $7.80-$8.20 from $8.55-$9.05.</li><li>Stock price on July 23, 2026: $83.12, down $5.55 (6.26%).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term bearish on CASH as investigation unfolds; monitor for litigation updates and any settlements over weeks to months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">NEW YORK, July  28, 2026  (GLOBE NEWSWIRE) -- The law firm of <a href="https://www.globenewswire.com/Tracker?data=jPPiRvrtJzHHqKAWcBskgj_rS7XvZFCGcJ-oHTIQK3KhxvEpRctbAur5378OC7yq0BQixM3Uh11ywxjZaF61biomS5id9BFectkAg4cgmU0=" rel="nofollow" target="_blank">Kirby McInerney LLP</a> is investigating potential claims against Pathward Financial, Inc. ("Pathward" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CASH">CASH</a>). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.</p>  <p align="center">[<a href="https://www.globenewswire.com/Tracker?data=8OrPcefyywc2vyCt36BJhsZH7Mn5UHbss-2dkORmobn4_b7PtM3HB9N5-72cx_Oiyx_KiUlNlgyDaGGJ-eu7j7HQvXQVSYL1lOnteIAVbEzHNjjLgEQZYZpOF4HxfDHzOJfbkVhp8RXCqyDYyAJAfiddIykNc8EBSux_VjMKLDg=" rel="nofollow" target="_blank">LEARN MORE ABOUT THE INVESTIGATION</a>]</p>  <p align="justify"><strong>What Happened?</strong></p>  <p align="justify">On July 22, 2026, Pathward reported fiscal third-quarter 2026. Among other things, the Company recognized a provision for credit losses of $28.3 million for the quarter ended June 30, 2026, compared to $9.3 million for the comparable period in the prior fiscal year. In the Company’s earnings call, Pathward’s CEO Brett Pharr stated the increased provision was due in part to the Company having<strong><em> "identified a working capital loan that we believe involves a sophisticated fraud." </em></strong>The Company also disclosed that nonperforming loans had increased to $277.5 million, compared to $119.8 million the quarter prior and compared to $74.7 million at June 30, 2025. The Company stated that the "primary reason for the increase in nonperforming commercial finance loans was related to certain renewable energy construction projects with a common developer."</p>  <p align="justify">In addition, the Company lowered fiscal 2026 guidance to a range of $7.80 to $8.20 earnings per share from its previously guided $8.55 to $9.05 earnings per share.</p>  <p align="justify">On this news, Pathward’s stock price fell $5.55 per share, or approximately 6.26%, to close at $83.12 per share on July 23, 2026.</p>  <p align="justify"><strong>What Should I Do?</strong></p>  <p align="justify">At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.</p>  <p align="justify">If you purchased or otherwise acquired Pathward securities, have information, or would like to learn more about this investigation, please contact <a href="https://www.globenewswire.com/Tracker?data=vScJBe1o_McVrwpMohEhYihXGfSGr-Ce_eUMmEld7huM3hHHhMFvgHaGdU40mhptMUGk320AAzqPj4Fby_aQhRsxKKONojQVIJ26jrwVJ4bilIzjj9NKLtwkzZHADWHg" rel="nofollow" target="_blank">Lauren Molinaro</a> of <a href="https://www.globenewswire.com/Tracker?data=jPPiRvrtJzHHqKAWcBskgp4jSqMsEzo7LmXWPnwgvjINs7lv6w99eYscTduUu2t2-OcfDJk2skPKnyJlgdgeUduOTOqoCNrj0KQFNd0VM1Y=" rel="nofollow" target="_blank">Kirby McInerney LLP</a> by email at <a href="https://www.globenewswire.com/Tracker?data=SLTssiStLBlVqXDf_XG8NzXXD1KsfOZzpwXzoyI7GjqL-pDkAfegpp8NnyK7EbXXZ6Qu9_xMQxCyrdd_9yVKMm8c5XV_FUW8TpFahh0WskRaVwa2MWLMedGXPcnAWHSF" rel="nofollow" target="_blank">investigations@kmllp.com</a>, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.</p>  <p align="center">[<a href="https://www.globenewswire.com/Tracker?data=8OrPcefyywc2vyCt36BJhuPRSKjaIT3Q9MoqgLwQoSJICS6V2sdKmoK3HHPD2RO3kU7JmI3f4CPd0gToKINKIZPL8CFqzfW8FXY8qOLoUlAAHg64q804Aua1l2sJjJap4syEsukWBc0_OJ0P7KERzg==" rel="nofollow" target="_blank">LEARN MORE ABOUT SECURITIES CLASS ACTIONS</a>]</p>  <p align="justify"><a href="https://www.globenewswire.com/Tracker?data=jPPiRvrtJzHHqKAWcBskglrfBtZJMcMFiosfuH2JmVKLlVBtibN1EGF61IZtXRqOySw_Dmk9_KwC9L-Sg64VOC8EkvGQJn82nFmFXEsUMEg=" rel="nofollow" target="_blank">Kirby McInerney LLP</a> is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s <a href="https://www.globenewswire.com/Tracker?data=nfLW5MpZV70-UE3PehNUa-ct6KPZiYVgjOIRTkcgKNC27IbUl6cgIO6efyk1Mrs58YvznmeY_BUE8k5vzJL1rw==" rel="nofollow" target="_blank">website</a>.</p>  <p align="justify">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.</p>  <p align="justify">Contacts<br></br>Kirby McInerney LLP<br></br>Lauren Molinaro, Esq.<br></br>212-699-1171<br></br><a href="https://www.globenewswire.com/Tracker?data=1_2EiCcnMP_2XRxq-iuuNGvhJNZNa9WGLWk-0_cjlyQiEx2cZ_FGCdCEgaXDpHz7Bst_eDyd3h-Ia3ONnESDB3cx2MHtJY5JPcDNH9f2NMo=" rel="nofollow" target="_blank">https://www.kmllp.com</a><br></br><u><a href="https://www.globenewswire.com/Tracker?data=1_2EiCcnMP_2XRxq-iuuNBZVxw37e0nNxyk4ZiSN7St99innHEzHroOZ5o0s_P8oGsFP6pQ27FiZPnCQZAPiIY7xymqvSieprhAPWbipr3He_ntYHK09JbguBIp-oKbo_xwyWbBUXJAyyV5kFU2fnw==" rel="nofollow" target="_blank">https://securitiesleadplaintiff.com/</a></u><br></br><a href="https://www.globenewswire.com/Tracker?data=SLTssiStLBlVqXDf_XG8NzXXD1KsfOZzpwXzoyI7Gjq3Iv0bHU8GrPTWyYYjuIzQ9nW_OMraeuCrcw8H9CTvxAv9TvVIF_P7C4BMTtGiYyKCW1rPm2JrJ6hry7a3dWwk" rel="nofollow" target="_blank">investigations@kmllp.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc5OTUxNiM3NzQ3MjUyIzIwMjA2Njk="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MDUxYzcwNGQtYzY4OC00Y2VhLWExOGYtNTYyZjAxNmIzY2VmLTEwMzE5OTctMjAyNi0wNy0yOS1lbg==/tiny/Kirby-McInerney-LLP.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/192da1d1-643f-4eee-b850-dde5b9f2b00f"><img src="https://ml.globenewswire.com/media/192da1d1-643f-4eee-b850-dde5b9f2b00f/small/linkedin-logo-300x300-png.png" border="0" width="147" height="147" alt="Primary Logo"></img></a></p>

Pathward Financial (CASH) is under a securities investigation led by Kirby McInerney LLP, with no lawsuit filed yet. The company reported Q3 2026 provisions for credit losses of $28.3 million and nonperforming loans of $277.5 million, prompting a guidance cut to $7.80-$8.20 per share. The combination of legal risk and weaker earnings prospects could keep the stock under pressure in the near term.

News insight

CASH INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

AI summary

Sentiment rationale

Key facts

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