Binkow & Goldberg LLP announces that a class action lawsuit has
been filed in the United States District Court for the District of
Delaware on behalf of a class (the "Class") comprising all purchasers of
the securities of The
Bancorp, Inc. ("Bancorp" or the "Company") (NASDAQ:TBBK) between
April 24, 2013 and June 10, 2014 (the "Class Period").
Please contact us at (310) 201-9150, or at firstname.lastname@example.org
to discuss this matter. If you inquire by email, please include your
mailing address, telephone number and number of shares purchased.
Bancorp operates as the financial holding company forits wholly owned
subsidiary The Bancorp Bank, which provides commercial and retail
banking products and services to small and mid-size businesses in the
United States. The Complaint alleges that defendants made false and/or
misleading statements or failed to disclose that the Company had
under-reserved for loan losses due to adverse loans, that Bancorp's
operations and credit practices were in violation of the Bank Secrecy
Act, and that the Company's financial statements were materially false
and misleading at all relevant times.
If you are a member of the Class described above, you may move the Court
no later than September 16, 2014, to serve as lead plaintiff, if you
meet certain legal requirements. To be a member of the Class you need
not take any action at this time; you may retain counsel of your choice
or take no action and remain an absent member of the Class. If you wish
more about this action, or if you have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888)
773-9224, by e-mail to email@example.com,
or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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