NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP is investigating The Bancorp Inc. (“The Bancorp” or the “Company”) (NasdaqGS:TBBK) in connection with possible violations of federal securities laws.
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On June 10, 2014 the Company filed a Form 8-K acknowledging it had entered into a Stipulation and Consent to the Issuance of a Consent Order with the FDIC. The 8-K further noted that the Consent Order requires the Bank take “certain affirmative actions to comply with its BSA obligations…” Shares fell from a close of $16.20 per share to a close of $11.37 per share on June 13, 2014—the same day four insiders purchased thousands of shares at this lower trading price.
If you own common stock in The Bancorp and wish to obtain additional information, please contact Eduard Korsinsky, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/the-bancorp-tbbk.
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