SAN DIEGO, June 20, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of Horizon Bancorp, Inc. (NASDAQ: HBNC).
Investors, who purchased Horizon Bancorp, Inc. (NASDAQ: HBNC) shares prior to March 2022 and continue to hold any of those NASDAQ: HBNC shares, have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On April 20, 2023, a lawsuit was filed on behalf of certain investors in NASDAQ: HBNC shares against Horizon Bancorp, Inc. over alleged securities laws violations. The plaintiff alleges that 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
Those who Horizon Bancorp, Inc. (NASDAQ: HBNC) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
