Zions Bancorporation(US:ZION) Newsfileยท2025-11-20 21:32Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Zions Bancorporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Zions Bancorporation may face a class action lawsuit as investors who purchased its securities could be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The firm is preparing a class action to seek recovery of investor losses following the recent financial disclosures [2]. Group 2: Financial Disclosure and Impact - On October 15, 2025, Zions Bancorporation announced a $50 million charge-off related to a loan from its subsidiary, California Bank & Trust, citing misrepresentations and contractual defaults by borrowers [3]. - Following this announcement, Zions Bancorporation's common stock experienced a significant decline of 13.14% on October 16, 2025 [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements [5]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has received recognition for its attorneys' expertise [5].