Energy News / Shareholders Foundation, Inc.

The Bancorp, Inc. (NASDAQ:TBBK) Investor Investigation over Potential Wrongdoing

Via: ReleaseWire

Updated 11:15 AM CDT, Fri, April 27,2018

An investigation on behalf of investors in The Bancorp, Inc. (NASDAQ: TBBK) shares over potential wrongdoing at The Bancorp, Inc. was announced and NASDAQ: TBBK stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 04/27/2018 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at The Bancorp, Inc.

Investors who purchased shares of The Bancorp, Inc. (NASDAQ: TBBK) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain The Bancorp directors breached their fiduciary duties and caused damage to the company and its shareholders.

Wilmington, DE based The Bancorp, Inc. operates as the financial holding company for The Bancorp Bank that provides banking products and services in the United States. The Bancorp, Inc. reported that its annual Total Revenue rose from $144.7 million in 2016 to $213.56 million in 2017 and that its Net Loss of $96.49 million in 2016 turned into a Net Income of $21.67 million in 2017.

Shares of The Bancorp, Inc. (TBBK) grew from $4.73 per share in April 2017 to as high as $11.29 per share on April 23, 2018.

On April 26, 2018, NASDAQ: TBBK shares closed at $10.90 per share.

Those who purchased shares of The Bancorp, Inc. (NASDAQ: TBBK), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/the-bancorp-inc-nasdaqtbbk-investor-investigation-over-potential-wrongdoing-969707.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com