Company: | The Bancorp Inc, |
Ticker Symbol: | TBBK |
Class Period: | Apr-24-13 to Jun-10-14 |
Date Filed: | Jul-29-14 |
Lead Plaintiff Deadline: | Sep-27-14 |
Court: | District of Delaware |
Allegations: |
Bancorp operates as the financial holding company for its wholly owned subsidiary The Bancorp Bank, which provides commercial and retail banking products and services to small and mid-size businesses in the United States.
The Complaint alleges that defendants made false and/or misleading statements or failed to disclose that the Company had under-reserved for loan losses due to adverse loans, that Bancorp's operations and credit practices were in violation of the Bank Secrecy Act, and that the Company's financial statements were materially false and misleading at all relevant times.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.