ROSEN, A RANKED AND LEADING LAW FIRM, Encourages The Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TBBK

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of The Bancorp, Inc. during the specified class period of the upcoming lead plaintiff deadline on May 16, 2025, and highlights the potential for compensation without out-of-pocket costs through a contingency fee arrangement [1][2]. Group 1: Class Action Details - Investors who purchased Bancorp securities between January 25, 2024, and March 4, 2025, may be eligible to join the class action lawsuit [1][2]. - A class action lawsuit has already been filed, and interested parties must move the court to serve as lead plaintiff by the May 16, 2025 deadline [2]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, noting that many firms lack the necessary experience and resources [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [3]. Group 3: Case Allegations - The lawsuit alleges that Bancorp made false and misleading statements regarding its real estate bridge loan portfolio, credit loss methodology, internal controls, and financial statement approvals, which misled investors about the company's business and prospects [4]. - The claims suggest that these misrepresentations led to a reasonable likelihood of increased provisions for credit losses and ultimately caused investor damages when the true information was revealed [4].