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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of The Bank of N.T. Butterfield & Son Limited (NYSE: NTB) 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 The Bank of N.T. Butterfield & Son Limited (NYSE: NTB) concerning whether a series of statements by The Bank of N.T. Butterfield & Son Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On October 24, 2018, The Company revealed third-quarter earnings results, announcing a sharp decline in deposits. The Company revealed that its acquisition of Deutsche Bank's banking and custody business in the Cayman Islands and Channel Islands may not be as lucrative as it previously thought.
On this news, NYSE: NTB shares declined over 20%.
Based in Hamilton, Bermuda, and founded in 1858 The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses.
If you purchased shares of The Bank of N.T. Butterfield & Son Limited (NYSE: NTB) on or before October 24, 2018, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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