Shareholder Alert: Robbins Arroyo LLP Reminds Investors Cadence Bancorporation (CADE) Sued for Misleading Shareholders
Cadence Bank (CADE)
Last cadence bank earnings: 4/29 06:31 am
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US:NASDAQ Investor Relations:
cadencebank.com/about/investor-relations-overview
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Source: Business Wire
SAN DIEGO & HOUSTON--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP reminds investors that a purchaser of Cadence Bancorporation (NYSE: CADE) filed a class action complaint for alleged violations of the Securities Exchange Act of 1934 between July 23, 2018 and July 22, 2019. Cadence is a financial holding company that provides commercial banking products and services through its subsidiary.If you suffered a loss as a result of Cadence's misconduct, click here.Cadence Bancorporation (CADE) Accused of Misleading ShareholdersAccording to the complaint, throughout the relevant period, Cadence's financial reports demonstrated strong loan growth and overall stable credit. However, Cadence also acknowledged risks associated with managing credit, recognizing that "[its] business depends on [its] ability to successfully manage credit risk" and that potential loan losses exceeding its allowance for credit losses "may adversely affect [its] business." Despite these acknowled
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