Investors of The Bancorp, Inc. Can Lead Securities Fraud Case Against Company

The Rosen Law Firm has issued a reminder for all individuals who acquired securities of The Bancorp, Inc. (NASDAQ: TBBK) between January 25, 2024, and March 4, 2025, regarding an important opportunity to participate in a securities fraud class action lawsuit. With the lead plaintiff deadline approaching on May 16, 2025, investors are advised to consider their options carefully.

What is the Lawsuit About?

This class action lawsuit centers around allegations that The Bancorp's management made a series of misleading statements while failing to disclose significant risks involved with their loans, particularly connected to their REBL loan portfolio. Investors argue that Bancorp's statements misrepresented the company's financial health and prospects, which ultimately caused losses once the truth was revealed to the market.

Specifically, the lawsuit claims that during the class period, Bancorp had underreported the risk associated with its loan defaults, adopted a credit loss methodology deemed inadequate, and faced material weaknesses in its internal control over financial reporting. As these details came to light, affected investors were left struggling to reconcile their losses against the previously assumed safety of their investments

Who Can Participate?

If you purchased securities of The Bancorp, Inc. within the defined class period, you may be eligible to participate in this class action lawsuit. Importantly, joining the class action means you can pursue compensation without the need for any out-of-pocket fees or costs, thanks to the contingency fee arrangement handled by the Rosen Law Firm.

To become part of the class action, investors can visit this link, call Phillip Kim, Esq. toll-free at 866-767-3653, or send an email to info@rosenlegal.com for more information. However, as of now, a class hasn't been officially certified, so potential participants are encouraged to act promptly to ensure their representation in court.

Why Choose Rosen Law Firm?

Rosen Law Firm has a distinguished reputation for representing investors in securities class actions. Over the years, they have successfully recovered hundreds of millions of dollars for their clients. Notably, the firm has been recognized for achieving the largest securities class action settlement against a Chinese company and has consistently ranked among the top firms for the number of settlements reached. Such accolades highlight their expertise and standing in the legal community. Investors are, therefore, advised to consider this firm for representation, given their proven track record of success.

Next Steps for Investors

Investors who wish to take part in the class action must act before the lead plaintiff deadline of May 16, 2025. If you're interested in serving as a lead plaintiff, you will need to submit a motion to the Court before the deadline. A lead plaintiff typically represents the interests of all class members during the litigation, guiding the case as it develops.

Those who choose not to act as lead plaintiffs can still remain part of the class and share in any subsequent recovery, which is crucial for those who have suffered losses tied to the misleading information presented by The Bancorp.

Following the developments of this case can also be beneficial for investors. They are encouraged to keep track of updates via the Rosen Law Firm's social media channels on platforms like LinkedIn, Twitter, and Facebook to stay informed.

In conclusion, if you have been impacted by the alleged securities fraud within The Bancorp, Inc., now is the time to act. Join the class action, ensure your voice is heard, and pursue justice for the financial impacts you've experienced due to misleading conduct from the company's leadership.