Cadence Bancorporation Class Action Lawsuit - CADE

Company
Cadence Bancorporation (NYSE: CADE)
Lead Plaintiff Deadline
November 15, 2019 (Expired)
Class Period
July 23, 2018 - July 22, 2019

Expired

Lead Plaintiff Deadline

Nov 15, 2019

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Allegations

(1) the Company lacked adequate internal controls to assess credit risk; (2) as a result, certain of the Company’s loans posed an increased risk of loss; (3) as a result, the Company was reasonably likely to incur significant losses for certain loans; (4) the Company’s financial results would suffer a material adverse impact; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be eligible to join the CADE class action lawsuit, you must have incurred a loss on shares of purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in during the relevant time frame or pursuant to the relevant offering(s), you have until November 15, 2019 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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