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The Bancorp (TBBK) Stumble Raises Questions About Loan Portfolio– Hagens Berman
TBBKThe Bancorp(TBBK) GlobeNewswire News Room·2025-03-18 22:39

SAN FRANCISCO, March 18, 2025 (GLOBE NEWSWIRE) -- The Bancorp, Inc. (NASDAQ: TBBK) saw its shares plummet $2.35 on March 5, 2025, as investors grappled with the company’s startling admission that its recently filed financial statements should no longer be relied upon. This financial fumble, however, was not entirely unexpected, as it followed a prescient warning from short-seller Culper Research nearly a year earlier. Hagens Berman is now investigating whether possible securities laws violations have occurr ...