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The Bancorp, Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses

1. TBBK shares fell over 6% in pre-market trading. 2. Company's financial statements from 2022-2024 are questioned. 3. Lack of audit approval from Crowe LLP raised concerns. 4. Block & Leviton investigates potential securities law violations. 5. Investors may pursue recovery for financial losses.

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FAQ

Why Very Bearish?

The warning surrounding the financial statements indicates potential risks to investor confidence. Historical instances, such as similar investigations leading to share price declines, suggest future negative impacts on TBBK's valuation.

How important is it?

The underlying concerns about TBBK's financials could lead to significant investor losses, making the situation critical. Legal ramifications could also provoke regulatory scrutiny.

Why Short Term?

Immediate market reactions to the news, evident from the 6% drop, suggest a short-term impact. As investigations unfold, further fallout could occur in the near future.

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BOSTON, March 05, 2025 (GLOBE NEWSWIRE) -- Block & Leviton is investigating The Bancorp, Inc. (Nasdaq: TBBK) for potential securities law violations. Investors who have lost money in their The Bancorp, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/tbbk. What is this all about? Shares of The Bancorp fell more than 6% in pre-market trading on March 5, 2025, after the company announced that its previously issued financial statements for fiscal years 2022 to 2024 should not be relied upon. The company cited a lack of proper audit approval from its independent accounting firm, Crowe LLP, which has yet to sign off on the 2024 financial statements. Who is eligible? Anyone who purchased The Bancorp, Inc. common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more. What is Block & Leviton doing? Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money. What should you do next? If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510. Whistleblower? If you have non-public information about The Bancorp, Inc., you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at shareholders@blockleviton.com or by phone at (888) 256-2510. Why should you contact Block & Leviton? Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions. This notice may constitute attorney advertising. CONTACT:BLOCK & LEVITON LLP260 Franklin St., Suite 1860Boston, MA 02110Phone: (888) 256-2510Email: shareholders@blockleviton.com 

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