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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Bank OZK (NASDAQ: OZK) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Bank OZK (NASDAQ: OZK) concerning whether a series of statements by Bank OZK regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 19, 2018, the Company revealed its third-quarter earnings that missed expectations, including charge-offs of $45.5 million on two Real Estate Specialties Group credits for unrelated projects in South and North Carolina.
Following this news, NASDAQ: OZK fell over 27% during intraday trading.
Based in Rock, Arkansas, and founded in 1981 Bank OZK provides a range of retail and commercial banking services to businesses, individuals, and non-profit and governmental entities.
If you purchased shares of Bank OZK (NASDAQ: OZK) on or before October 19, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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