Kahn Swick & Foti, LLC (KSF) and partner Charles C. Foti, Jr., are reminding investors of the deadline to file lead plaintiff applications in a securities class action lawsuit against The Bancorp, Inc. The lawsuit alleges that Bancorp and certain executives failed to disclose material information during the Class Period, violating federal securities laws. On March 4, 2025, Bancorp revealed it would not be able to file its fiscal year 2024 annual report, leading to a significant drop in the company’s share price.
Investors who purchased Bancorp securities between January 25, 2024, and March 4, 2025, are encouraged to contact KSF to discuss their legal rights. The deadline for lead plaintiff applications in the case is May 16, 2025. KSF, led by former Louisiana Attorney General Charles C. Foti, Jr., is a boutique securities litigation law firm that helps clients seek recoveries for investment losses due to corporate fraud. More information about the case and KSF can be found on their website.
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