LOS ANGELES--(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 email@example.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 firstname.lastname@example.org, 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.
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