Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of BancorpSouth, Inc.
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 firstname.lastname@example.org 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 email@example.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.
Bronstein, Gewirtz & Grossman, LLC
Edward N. Gewirtz or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC