Zions Bancorporation(US:ZION) Prnewswire·2025-11-20 15:00Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Zions Bancorporation and its officers or directors [1][2]. Group 1: Company Financials - On October 15, 2025, Zions announced a $50 million charge-off related to a loan from its subsidiary, California Bank & Trust, due to "apparent misrepresentations and contractual defaults by the Borrowers and Obligors and other irregularities" [2]. - Following this announcement, Zions' stock price dropped by $7.10 per share, or 13.14%, closing at $46.93 per share on October 16, 2025 [2]. Group 2: Legal Investigation - Pomerantz LLP, a prominent firm in corporate and securities class litigation, is leading the investigation into Zions Bancorporation [3]. - The firm has a history of recovering significant damages for victims of securities fraud and corporate misconduct [3].