Pomerantz Law Firm Launches Investigation Into Live Oak Bancshares Investors' Claims

Investigation Overview

The Pomerantz Law Firm has recently announced an investigation into claims made by investors of Live Oak Bancshares, Inc. (NYSE: LOB). Investors who believe they may have been affected are encouraged to contact the firm.

This investigation aims to determine whether Live Oak Bancshares and certain of its officers or directors engaged in securities fraud or other illegal business activities. With ongoing scrutiny in financial practices, the investigation highlights the importance of transparency and accountability in the financial services sector.

Background on Live Oak Bancshares

On November 12, 2025, Live Oak Bancshares revealed in a filing with the U.S. Securities and Exchange Commission (SEC) that it intends to amend its 2024 Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q for the quarterly periods ending on March 31 and June 30 of 2025. The company's announcement included information about a restatement of their Consolidated Financial Statements due to an error in the classification of cash flows. This error pertains to the proceeds received from the sale of loan participations and had implications for the understanding of their financial health.

According to the company’s disclosures, they identified a significant misclassification of cash flows, which they deemed material. This misclassification raised concerns about the integrity of the company’s financial reporting and internal controls. The management indicated that stakeholders should no longer rely on the previous financial statements for the impacted periods due to these material weaknesses.

Market Impact

Following the announcement of this substantial information, Live Oak's stock saw a notable decline, dropping $0.80 per share, marking a 2.49% decrease as the shares closed at $31.29 on November 13, 2025. Stock fluctuations such as this often have broad implications for investor confidence and market perceptions, making the findings of the Pomerantz investigation particularly critical for those who have invested in the bank.

Pomerantz Law Firm’s Role

Founded over 85 years ago by Abraham L. Pomerantz, widely recognized as a pioneer in securities class actions, the Pomerantz Law Firm has established a reputation for advocating the rights of shareholders. The firm's experience is particularly relevant as it seeks to uncover potential wrongdoing and provide justice for investors affected by corporate misconduct.

Danielle Peyton, an attorney at Pomerantz, is the contact for any investors who wish to join the investigation. The firm operates from multiple global locations, including New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, showcasing its extensive resources and commitment to tackling complex legal challenges in the realm of securities fraud.

Conclusion and Next Steps

As the investigation unfolds, affected investors are urged to seek further information and assess their potential claims. The Pomerantz Law Firm remains dedicated to uncovering the truth behind the practices of Live Oak Bancshares while advocating for the rights of its clients. For more details, interested parties should reach out to the firm’s designated contact.

This case highlights the critical nature of investor vigilance and the ongoing necessity for robust regulatory oversight in the financial industry. It serves as a reminder for all stakeholders to remain alert to corporate actions that may influence their investments. Stay informed, and be proactive about your financial interests.