LOB Investors Have Opportunity to Join Live Oak Bancshares, Inc. Fraud Investigation With the Schall Law Firm

Core Viewpoint - The Schall Law Firm is investigating Live Oak Bancshares, Inc. for potential violations of securities laws, focusing on misleading statements and undisclosed information that may have affected investors [1][2]. Summary by Sections Investigation Details - The investigation centers on whether Live Oak issued false or misleading statements and failed to disclose critical information to investors [2]. - On November 12, 2025, Live Oak announced it would amend its 2024 Annual Report and Quarterly Reports for the periods ending March 31, 2025, and June 30, 2025, to restate its Consolidated Financial Statements due to errors in cash flow classifications [2]. - The company identified a misclassification of cash flows between operating and investing activities related to loan participations, concluding that the misclassifications were material [2]. Market Reaction - Following the announcement of the investigation and the need for restatements, shares of Live Oak Bancshares experienced a decline [2].