Pomerantz Law Firm Investigates Pathward Financial Over Securities Fraud Claims

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โดย GlobeNewswire·US·Read original
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Pomerantz LLP is investigating claims on behalf of investors of Pathward Financial, Inc. regarding potential securities fraud or unlawful business practices. The investigation follows Pathward's July 22, 2026 fiscal third-quarter 2026 results, which missed expectations and disclosed that nonperforming loans surged to $275.1 million, nearly triple analyst estimates, tied to specific problem loans including to renewable-energy construction projects. The company also cut its fiscal 2026 earnings guidance. On this news, Pathward’s stock price fell $5.55 per share, or 6.26%, to close at $83.12 per share on July 23, 2026.

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Pathward Financial missed Q3 expectations, nonperforming loans surged, and cut guidance, causing stock to fall.