INVESTOR ALERT: Investigation of BancorpSouth, Inc. Announced by Glancy Binkow & Goldberg LLP
August 13 2014 - 10:32AM
Business Wire
Glancy Binkow & Goldberg LLP announces that it is
investigating potential claims on behalf of investors of
BancorpSouth, Inc. (“BancorpSouth” or the “Company”) (NYSE:BXS)
concerning possible violations of federal securities laws. The
investigation focuses on certain statements issued by the Company
concerning BancorpSouth’s business, operations and financial
performance.
Please contact Casey Sadler, Esquire, at (888) 773-9224 or (310)
201-9150, or at shareholders@glancylaw.com to discuss this matter.
If you inquire by email please include your mailing address,
telephone number and number of shares purchased.
BancorpSouth operates as a financial holding company for
BancorpSouth Bank, which provides commercial banking and financial
services to individuals and small-to-medium size businesses. The
investigation is related to allegations that: (1) the Company’s
credit practices violated Bank Secrecy Act and federal
anti-money-laundering programs; and (2) the Company’s lending
practices were not in compliance with Consumer Financial Protection
Bureau regulations.
On July 21, 2014, BancorpSouth announced that “federal bank
regulators have identified concerns during the course of routine
supervisory activities regarding the Company’s procedures, systems
and processes related to certain of its compliance programs,
including its Bank Secrecy Act and anti-money-laundering programs.
In addition, the Consumer Financial Protection Bureau currently is
conducting a review of the Company’s fair lending practices.”
If you purchased BancorpSouth shares, if you have information or
would like to learn more about these claims, or if you have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Casey Sadler,
Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park
East, Suite 2100, Los Angeles, California 90067, by toll-free
telephone at (888) 773-9224 or by telephone at (310) 201-9150, by
e-mail to shareholders@glancylaw.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.
Glancy Binkow & Goldberg LLP, Los Angeles, CACasey
Sadler888-773-9224310-201-9150shareholders@glancylaw.comwww.glancylaw.com
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