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, for a class action lawsuit [1][2] Group 1: Class Action Details - Investors who bought Bancorp securities between January 25, 2024, and March 4, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by May 16, 2025 [2] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [3] - The firm has been ranked No. 1 by ISS Securities Class Action Services for the number of settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [3] Group 3: Case Allegations - The lawsuit alleges that Bancorp made false and misleading statements regarding the risk of default on its real estate bridge loan portfolio and the adequacy of its credit loss methodology [4] - It is claimed that there were material weaknesses in Bancorp's internal controls over financial reporting, and its financial statements lacked independent auditor approval, leading to misleading positive statements about its business [4]
ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages The Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TBBK