NEW YORK, July 22, 2014 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities of BancorpSouth, Inc. ("BancorpSouth" or the "Company")
(NYSE: BXS). Such investors are advised to contact
Edward N. Gewirtz or his investor
Relation's coordinator Eitan
Kimelman at info@bgandg.com or 212-697-6484.
The investigation concerns whether BancorpSouth and certain of
its executives have violated federal securities laws.
On July 21, 2014, BancorpSouth
said it's being delayed in gaining regulatory approvals to acquire
Ouachita Bancshares Corp. of Monroe,
Louisiana, which owns Ouachita Independent Bank, as well as
Central Community Corp. of Temple,
Texas, which owns First State Bank of Central Texas.
The Company announced in a press release 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.
On this news, shares of BancorpSouth fell 1.86 or 7.95%
during intraday trading to trade at $21.55 on July 22, 2014.
If you are aware of any facts relating to this investigation, or
purchased shares of BancorpSouth you can assist this
investigation by contacting Edward N.
Gewirtz or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz &
Grossman, LLC at 212-697-6484 or via email info@bgandg.com.
Those who inquire by e-mail are encouraged to include their mailing
address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Edward N. Gewirtz or Eitan Kimelman 212-697-6484
info@bgandg.com
SOURCE Bronstein, Gewirtz & Grossman, LLC