TBBK Investors Have Opportunity to Lead The Bancorp, Inc. Securities Fraud Lawsuit

Core Viewpoint - A class action lawsuit has been filed against The Bancorp, Inc. for alleged misleading statements and failures to disclose significant risks related to its loan portfolio and financial reporting during the Class Period from January 25, 2024, to March 4, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that The Bancorp underrepresented the risk of default on its REBL loan portfolio and that its credit loss methodology was inadequate [5]. - It is alleged that there were material weaknesses in the company's internal controls over financial reporting and that its financial statements lacked independent auditor approval [5]. - The lawsuit asserts that these issues led to misleading positive statements about the company's business and operations [5]. Group 2: Participation Information - Investors who purchased The Bancorp securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. - A lead plaintiff must file a motion with the court by May 16, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in handling such cases [4].