Levi & Korsinsky notifies investors that it has commenced an investigation into Midland States Bancorp, Inc. (NASDAQ: MSBI) concerning potential violations of the federal securities laws.
Midland States Bancorp announced its financial results for the fourth quarter of 2024 on January 23, 2025. Among other items, the Company reported a loss of $2.52 per diluted share, falling short of the Zacks Consensus Estimate of $0.70 and representing a significant year-over-year decline from earnings of $0.89 per share in the fourth quarter of 2023. Following this news, Midland States Bancorp's stock price fell over 20% on January 24, 2025.
If you suffered a loss on your Midland States Bancorp, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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