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Customers Bancorp, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. January 31, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2024-12-04 07:13
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Customers Bancorp, Inc. ("Customers Bancorp" or the "Company") (NYSE: CUBI) investors of a class action representing investors that bought securities between March 1, 2024 and August 8, 2024, inclusive (the "Class Period"). Customers Bancorp investors have until January 31, 2025 to file a lead plaintiff motion. Investors are encouraged to conta ...
Eagle Bancorp, Inc. Announces Registered Exchange Offer for its Outstanding 10.00% Senior Notes due 2029 Issued in Connection with Prior Private Placement
GlobeNewswire News Room· 2024-12-04 06:40
BETHESDA, Md., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ: EGBN) (“Eagle”) today announced the commencement of its offer to exchange (the “Exchange Offer”) its outstanding unregistered 10.00% Senior Notes due 2029 (the “Original Notes”) for a like principal amount of notes of the same series that have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”). The Exchange Offer will expire at 5:00 p.m., Eastern time, on January 10, 2025, unless extended or earlie ...
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Customers Bancorp, Inc. - CUBI
Prnewswire· 2024-12-04 05:49
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Customers Bancorp, Inc. ("Match" or the "Company") (NYSE: CUBI). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.The class action concerns whether Customers Bancorp and certain of its ...
Farmers & Merchants Bancorp (FMCB) Announces Retirement of the Chief Administrative Officer and Appointment of New Chief Administrative Officer
GlobeNewswire News Room· 2024-12-04 05:30
LODI, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) announced today that Deborah Skinner, Executive Vice President and Chief Administrative Officer, will be retiring effective December 31, 2024, after 24 years with Farmers & Merchants Bank of Central California. The Company previously announced her intention to retire back on September 9, 2024. Ms. Skinner will remain with the Company through year-end to assist with the transition. "On behalf of the entire team at FMCB ...
United Bancshares Obtains Regulatory Nod to Acquire Piedmont Bancorp
ZACKS· 2024-12-03 23:15
United Bancshares Inc. (UBSI) has obtained the requisite regulatory approvals to acquire Piedmont Bancorp, Inc. ("Piedmont"). The transaction is anticipated to be completed in early 2025, with system integration expected to be completed by late first-quarter 2025, subject to customary closing requirements.UBSI’s Piedmont Acquisition DetailsUnited Bancshares announced the acquisition of Piedmont this May in an all-stock transaction valued at $267 million. Also, a one-time pre-tax merger expense of $27.6 mill ...
CUSTOMERS BANCORP ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Customers Bancorp, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-12-03 10:00
文章核心观点 - Customers Bancorp面临集体诉讼,指控其在2024年3月1日至8月8日期间发布虚假或误导性声明,未披露其反洗钱实践不足,导致合规风险增加 [3] 根据相关目录分别进行总结 诉讼背景 - 集体诉讼由Bragar Eagel & Squire, P.C.律师事务所代表在2024年3月1日至8月8日期间购买或获取Customers Bancorp证券的投资者发起,诉讼在宾夕法尼亚州东区美国地方法院提起 [1] - 投资者需在2025年1月31日前申请成为首席原告 [1] 诉讼指控 - Customers Bancorp被指控在集体诉讼期间发布虚假或误导性声明,未披露其反洗钱实践不足 [3] - 公司因反洗钱实践不足而未遵守法律义务,面临更高的监管风险 [3] - 公司关于业务、运营和前景的声明被认为在所有时间点上都具有实质性的虚假和误导性 [3] 投资者联系信息 - 投资者如需了解更多信息或咨询相关事宜,可联系Brandon Walker或Marion Passmore,联系方式包括电子邮件、电话和在线联系表单 [4] 律师事务所信息 - Bragar Eagel & Squire, P.C.是一家在全国范围内享有盛誉的律师事务所,办公室位于纽约、加利福尼亚和南卡罗来纳州,代表个人和机构投资者在商业、证券、衍生品和其他复杂诉讼中 [5] - 律师事务所的联系信息包括Brandon Walker和Marion Passmore的电子邮件和电话,以及律师事务所的网站 [6]
Provident Bancorp, Inc. Adopts Stock Repurchase Program
Prnewswire· 2024-12-03 05:30
AMESBURY, Mass., Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 883,366 shares of its common stock, or approximately five percent of the current outstanding shares.The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston ...
Eagle Bancorp to Participate in the Jefferies Bank Summit
GlobeNewswire News Room· 2024-12-03 04:00
Bethesda, MD, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced that Susan G. Riel, President and Chief Executive Officer and Eric R. Newell, Executive Vice President and Chief Financial Officer will participate in the Jefferies Bank Summit on December 9, 2024, and will hold a series of meetings with institutional investors. Management discussi ...
Leading Independent Proxy Advisory Firm ISS Recommends Carver Bancorp, Inc. Stockholders Vote FOR the Company's Highly Qualified Director Nominees
Prnewswire· 2024-11-30 07:15
文章核心观点 - 机构股东服务公司(ISS)建议Carver Bancorp的股东在即将到来的年度股东大会上投票支持公司的董事候选人Jillian E. Joseph和Kenneth J. Knuckles,并反对Dream Chasers的候选人,因为Dream Chasers未能提出令人信服的变革理由 [2] 公司动态 - Carver Bancorp宣布ISS推荐股东投票支持其董事候选人Jillian E. Joseph和Kenneth J. Knuckles,以及新任CEO Donald Felix [1] - ISS认为Dream Chasers未能提出令人信服的变革理由,指出Carver的运营转型可能需要多年时间,且公司已与OCC达成正式协议,加上2023年的银行业危机,可能导致复苏速度慢于预期 [2] - ISS认为新任CEO Felix的任命是一个正确的方向,他似乎有相关经验和理解银行面临的问题,并已制定了一个看似合理的未来计划 [2] - ISS强调管理层应专注于执行,董事会不仅应行使监督职责,还应提供支持 [2] - ISS指出Dream Chasers提出的策略与Felix当前的策略截然不同且风险更大,可能会引入Carver无法承受的干扰 [2] - ISS建议股东虽然目前Dream Chasers未能提出令人信服的变革理由,但股东可能会期望在短期内看到业绩和公司治理的显著改善 [2] - Carver董事会主席Lewis P. Jones III对ISS的支持表示赞赏,认为这是对公司恢复长期盈利计划的强烈认可 [2] - Carver鼓励股东使用白色代理卡投票支持现任董事Jillian E. Joseph和Kenneth J. Knuckles,并选择对Dream Chasers的候选人投反对票 [2] 公司背景 - Carver Bancorp是Carver Federal Savings Bank的控股公司,成立于1948年,旨在为纽约历史上服务不足的社区提供金融服务 [5] - Carver被美国财政部指定为社区发展金融机构(CDFI),因其专注于社区的银行服务和对当地社区经济活力和复兴的承诺 [5] - Carver是美国最大的非洲和加勒比裔美国人管理的银行之一,其在线银行业务覆盖从马萨诸塞州到弗吉尼亚州和华盛顿特区的九个州 [5] 其他信息 - Carver已向SEC提交了关于其2024年度股东大会的最终代理声明,投资者和股东可通过SEC网站或Carver的网站免费获取相关文件 [7] - Carver的董事、高管和其他管理层成员将参与代理投票的征集活动,相关信息可在Carver提交给SEC的2024年度股东大会最终代理声明中找到 [8]
Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares
Prnewswire· 2024-11-27 05:05
CARMEL, Ind., Nov. 26, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that on January 2, 2025 it will redeem all outstanding shares of its 6.00% (reset to 9.42% as of October 1, 2024) Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock ("Series B Preferred Stock") (Nasdaq: MBINO) at the liquidation preference of $25.00 per share.Dividends on the Serie ...