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TMCNet:  INVESTOR ALERT: Class Action Lawsuit Against The Bancorp, Inc. Announced by Glancy Binkow & Goldberg LLP

[July 23, 2014]

INVESTOR ALERT: Class Action Lawsuit Against The Bancorp, Inc. Announced by Glancy Binkow & Goldberg LLP

LOS ANGELES --(Business Wire)--

Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the District of Delaware on behalf of a class (the "Class") comprising all purchasers of the securities of The Bancorp, Inc. ("Bancorp" or the "Company") (NASDAQ:TBBK) between April 24, 2013 and June 10, 2014 (the "Class Period").

Please contact us at (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

Bancorp operates as the financial holding company forits wholly owned subsidiary The Bancorp Bank, which provides commercial and retail banking products and services to small and mid-size businesses in the United States. The Complaint alleges that defendants made false and/or misleading statements or failed to disclose that the Company had under-reserved for loan losses due to adverse loans, that Bancorp's operations and credit practices were in violation of the Bank Secrecy Act, and that the Company's financial statements were materially false and misleading at all relevant times.


If you are a member of the Class described above, you may move the Court no later than September 16, 2014, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, 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.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


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