Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries FRC INVESTOR ALERT: ROSEN, A LEADING LAW FIRM, Encourages First Republic Bank Investors to Inquire About Securities Class Action Investigation - FRC, FRC.PRN, FRC.PRM, FRC.PRL, FRC.PRK By: NewMediaWire March 19, 2023 at 15:00 PM EDT WHY: NEW YORK, NY - (NewMediaWire) - March 19, 2023 - Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of First Republic Bank (NYSE: FRC, FRC.PRN, FRC.PRM, FRC.PRL, FRC.PRK) resulting from allegations that First Republic may have issued materially misleading business information to the investing public.SO WHAT: If you purchased First Republic securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.WHAT IS THIS ABOUT: On March 13, 2023, First Republic led a decline in bank shares on revelations that the bank may not have sufficient liquidity, even after it secured emergency funding from other institutions. Despite the emergency funding, Raymond James downgraded the stock, highlighting the risk of deposit outflows facing First Republic In downgrading the stock, Raymond James stated, “[d]espite the added liquidity sources, we believe deposit balances will remain under pressure in the immediate near term. While we believe the bank received some deposit inflows on Thursday during the bank run at SVB, additional panic among large depositors may have driven deposit balances lower since Thursday.”On this news, the price of First Republic’s stock plummeted by over $53.26, or over 66%, in intra-day trading on March 13, 2023.WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.Attorney Advertising. Prior results do not guarantee a similar outcome.-------------------------------Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 lrosen@rosenlegal.com pkim@rosenlegal.com cases@rosenlegal.com www.rosenlegal.comView the original release on www.newmediawire.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
FRC INVESTOR ALERT: ROSEN, A LEADING LAW FIRM, Encourages First Republic Bank Investors to Inquire About Securities Class Action Investigation - FRC, FRC.PRN, FRC.PRM, FRC.PRL, FRC.PRK By: NewMediaWire March 19, 2023 at 15:00 PM EDT WHY: NEW YORK, NY - (NewMediaWire) - March 19, 2023 - Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of First Republic Bank (NYSE: FRC, FRC.PRN, FRC.PRM, FRC.PRL, FRC.PRK) resulting from allegations that First Republic may have issued materially misleading business information to the investing public.SO WHAT: If you purchased First Republic securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.WHAT IS THIS ABOUT: On March 13, 2023, First Republic led a decline in bank shares on revelations that the bank may not have sufficient liquidity, even after it secured emergency funding from other institutions. Despite the emergency funding, Raymond James downgraded the stock, highlighting the risk of deposit outflows facing First Republic In downgrading the stock, Raymond James stated, “[d]espite the added liquidity sources, we believe deposit balances will remain under pressure in the immediate near term. While we believe the bank received some deposit inflows on Thursday during the bank run at SVB, additional panic among large depositors may have driven deposit balances lower since Thursday.”On this news, the price of First Republic’s stock plummeted by over $53.26, or over 66%, in intra-day trading on March 13, 2023.WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.Attorney Advertising. Prior results do not guarantee a similar outcome.-------------------------------Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 lrosen@rosenlegal.com pkim@rosenlegal.com cases@rosenlegal.com www.rosenlegal.comView the original release on www.newmediawire.com
WHY: NEW YORK, NY - (NewMediaWire) - March 19, 2023 - Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of First Republic Bank (NYSE: FRC, FRC.PRN, FRC.PRM, FRC.PRL, FRC.PRK) resulting from allegations that First Republic may have issued materially misleading business information to the investing public.SO WHAT: If you purchased First Republic securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=13005 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.WHAT IS THIS ABOUT: On March 13, 2023, First Republic led a decline in bank shares on revelations that the bank may not have sufficient liquidity, even after it secured emergency funding from other institutions. Despite the emergency funding, Raymond James downgraded the stock, highlighting the risk of deposit outflows facing First Republic In downgrading the stock, Raymond James stated, “[d]espite the added liquidity sources, we believe deposit balances will remain under pressure in the immediate near term. While we believe the bank received some deposit inflows on Thursday during the bank run at SVB, additional panic among large depositors may have driven deposit balances lower since Thursday.”On this news, the price of First Republic’s stock plummeted by over $53.26, or over 66%, in intra-day trading on March 13, 2023.WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.Attorney Advertising. Prior results do not guarantee a similar outcome.-------------------------------Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 lrosen@rosenlegal.com pkim@rosenlegal.com cases@rosenlegal.com www.rosenlegal.comView the original release on www.newmediawire.com
