NEW YORK, December 11, 2021 / PRNewswire / –
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) arising from allegations that Texas Capital could have provided misleading marketing information to the Public Investor.
SO WHAT: If you have purchased securities of Texas Capital, you may be entitled to indemnification without payment of any fees or charges under a contingency fee agreement. Rosen law firm is preparing a class action lawsuit to recover investors’ losses.
WHAT TO DO NEXT: To join the potential class action lawsuit, go to http://www.rosenlegal.com/cases-register-2211.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.
WHAT DOES IT TALK ABOUT: At March 29, 2021, Texas Capital shares fell 10% on unusually high trading volume, as the main brokers associated with the now defunct family office, Archegos Capital Management, unwound large positions in US equities linked to the fund.
A Bloomberg article published on November 16, 2021 explained how Archegos built up an undisclosed position of up to 20% of Texas Capital before the margin calls that forced the liquidation of Archegos. According to the article, Texas Capital was aware of the significant position held by Archegos as it raised additional capital from investors in February 2021.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often, companies providing reviews do not have comparable experience, resources or peer recognition. Many of these companies do not actually litigate class actions in securities. Be wise in choosing a lawyer. Rosen law firm represents investors around the world, focusing its practice on class actions in securities and derivative litigation between shareholders. Rosen law firm has secured the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds millions of dollars for investors. In 2019 alone, the company achieved more than $ 438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as Titan of the Plaintiff’s Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, New York State 10016
Phone. : (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, PA