Press release
Deadline on June 19, 2023 coming up in Lawsuit for Investors in Horizon Bancorp, Inc. (NASDAQ: HBNC)
A Deadline is coming up on June 19, 2023in the lawsuit for certain investors in Horizon Bancorp, Inc. (NASDAQ: HBNC).
Investors who purchased shares of Horizon Bancorp, Inc. (NASDAQ: HBNC) have certain options and there are strict and short deadlines running. Deadline: June 19, 2023. NASDAQ: HBNC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
According to the complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges on behalf of purchasers of Horizon Bancorp, Inc. (NASDAQ: HBNC) common shares between March 9, 2022 and March 10, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 9, 2022 and March 10, 2023, the Defendants made false and/or misleading statements and/or failed to disclose that the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities, that as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision, that the restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022, and that as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Those who purchased shares of Horizon Bancorp, Inc. (NASDAQ: HBNC) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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