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TBBK Investors Have Opportunity to Lead The Bancorp, Inc. Securities Fraud Lawsuit

1. Class action lawsuit filed against The Bancorp, Inc. for misleading statements. 2. Claims involve risks associated with REBL loan portfolio and accounting practices. 3. Investors may join litigation for potential compensation via contingency fees. 4. Lawsuit alleges serious weaknesses in financial reporting and internal controls. 5. Lead plaintiff role available; deadline to act is May 16, 2025.

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FAQ

Why Bearish?

Legal challenges can negatively influence investor sentiment and stock price. Similar past cases led to declining stock prices after public awareness increased.

How important is it?

Legal action against TBBK can significantly impact trust and market perception, leading to stock price fluctuations.

Why Short Term?

Investor reactions and market volatility typically occur soon after legal news breaks.

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, /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of The Bancorp, Inc. (NASDAQ: TBBK) securities between January 25, 2024 and March 4, 2025, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 16, 2025. So what: If you purchased The Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=37146 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 16, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Bancorp had underrepresented the significant risk of default or loss on its REBL loan portfolio; (2) Bancorp's current expected credit loss methodology was insufficient to account for the provision and/or allowance of credit losses; (3) as a result of the foregoing, Bancorp was reasonably likely to increase its provision for credit losses; (4) there were material weaknesses in its internal control over financial reporting; (5) its financial statements had not been approved by its independent auditor; (6) as a result of the foregoing, defendants' positive statements about Bancorp's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=37146 or https://rosenlegal.com/submit-form/?case_id=28116call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:       Laurence Rosen, Esq.      Phillip Kim, Esq.      The Rosen Law Firm, P.A.      275 Madison Avenue, 40th Floor      New York, NY 10016      Tel: (212) 686-1060      Toll Free: (866) 767-3653      Fax: (212) 202-3827      [email protected]      www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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