The Rosen Law Firm, P.A. announces that it is investigating potential
civil securities claims against The Bancorp Inc. (NASDAQ:TBBK) resulting
from allegations that the Company may have made false and misleading
disclosures concerning its operations, true financial condition, and
On June 10, 2014, Bancorp announced that its wholly owned subsidiary,
The Bancorp Bank ("Bank") entered into a Consent Order with the Federal
Deposit Insurance Corporation. At issue were weaknesses in the company's
Bank Secrecy Act ("BSA") Compliance Program.
The Consent Order requires the Bank to take certain affirmative actions
to comply with its BSA bligations. It also restricts the Bank from
certain activities in the interim. On this news, the price of Bancorp
shares fell approximately 30% in intraday trading on June 11, 2014,
The Rosen Law Firm is preparing a class action lawsuit on behalf of
Bancorp investors. If you purchased Bancorp securities prior to June 11,
2014, you may visit the website at http://rosenlegal.com
to join the action. You may also contact Phillip Kim, Esq. or Kevin
Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail
at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
Attorney Advertising. Prior results do not guarantee a similar outcome.
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