EQUITY ALERT: The Rosen Law Firm Announces Investigation of Civil Securities Claims Against BancorpSouth, Inc.
July 23 2014 - 11:07AM
Business Wire
The Rosen Law Firm, P.A. announces that it is investigating
potential civil securities claims against BancorpSouth, Inc.
(NASDAQ:BXS) resulting from allegations that the Company may have
made false and misleading disclosures concerning its operations,
true financial condition, and prospects.
On July 21, 2014, BancorpSouth announced that it has been
informed that federal bank regulators have identified concerns
about its “procedures, systems and processes related to certain of
its compliance programs, including its Bank Secrecy Act and
anti-money-laundering programs.” Furthermore, the Consumer
Financial Protection Bureau is currently reviewing BancorpSouth’s
fair lending practices.
As a result of these regulatory inquiries, BancorpSouth has
delayed its previously announced mergers with Ouachita Bancshares
and Central Community Corporation. On this news, the price of
BancorpSouth shares fell approximately 7% in intraday trading on
July 22, 2014, damaging investors.
The Rosen Law Firm is preparing a class action lawsuit on behalf
of BancorpSouth investors. If you purchased Bancorp securities
prior to July 22, 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 pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue 34th FloorNew York, New York
10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
BancorpSouth Bank (NYSE:BXS)
Historical Stock Chart
From Aug 2024 to Sep 2024
BancorpSouth Bank (NYSE:BXS)
Historical Stock Chart
From Sep 2023 to Sep 2024