New York, New York--(Newsfile Corp. - May 14, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Hanmi Financial Corporation (NASDAQ: HAFC) alleging that the Company violated federal securities laws.
Class Period: August 12, 2019 and January 28, 2020
Lead Plaintiff Deadline: May 26, 2020
Learn more about your recoverable losses in DNK:
The filed complaint alleges that Hanmi Financial Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) the $40.7 million troubled loan that the Company disclosed on conference calls would necessitate further and future specific provisions for the Company - in the millions; (2) the same $40.7 million troubled loan would necessitate the Company to appraise and take personal property securing a portion of the amount of the loan; and (3) as a result, Defendants' public statements were materially false and misleading at all relevant times.
Shareholders have until May 26, 2020 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
For additional information about the HAFC lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
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