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Stock impact report

Securities Fraud Investigation Into Triumph Financial, Inc. (TFIN) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Triumph Financial, Inc. (TFIN) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Triumph Financial, Inc. (“Triumph” or the “Company”) (NASDAQ: TFIN) investors concerning the Company’s possible violations of the federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON TRIUMPH FINANCIAL, INC. (TFIN), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.What Happened?On January 22, 2025, after market hours, Triumph released its fourth quarter 2024 financial report, missing consensus estimates on revenue and earnings per share. The Company explained earnings were “below our historical average” in part because “credit costs were higher than they should have been.” The Company also stated liquid credit was responsible for 62% of credit expenses in the quarter and “[d]erisking and shrinking this portfolio has taken time and been frustrating” with the Company havin Show less Read more
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