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Investigation announced for Investors in shares of CrossFirst Bankshares, Inc. (NASDAQ: CFB)

09-18-2020 08:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in CrossFirst Bankshares, Inc. (NASDAQ: CFB) shares over potential securities laws violations.

An investigation for investors in CrossFirst Bankshares, Inc. (NASDAQ: CFB) shares over potential securities laws violations.

An investigation was announced concerning potential securities laws violations by CrossFirst Bankshares, Inc. in connection with certain financial statements.

Investors who purchased shares of CrossFirst Bankshares, Inc. (NASDAQ: CFB), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain statements by CrossFirst Bankshares, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Leawood, KS based CrossFirst Bankshares, Inc. operates as the bank holding company for CrossFirst Bank that provides a range of banking and financial services to businesses, business owners, and professionals and its personal networks. On or about August 15, 2019, CrossFirst Bankshares, Inc sold about 7 million shares of stock in its initial public stock offering (the "IPO"), at $14.50 a share raising nearly $101.5 million in new capital. However, since the IPO, shares of CrossFirst Bankshares, Inc (NASDAQ: CFB) declined to as low as $7.44 per share on April 1, 2020.

On September 16, 2020, NASDAQ: CFB shares closed at $9.83 per share.

Those who purchased shares of CrossFirst Bankshares, Inc. (NASDAQ: CFB) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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