Bronstein, Gewirtz & Grossman, LLC Investigates Potential Claims against Midland States Bancorp, Inc.
On January 29, 2025, Bronstein, Gewirtz & Grossman, LLC, a leading national securities fraud law firm, announced that it is investigating potential claims on behalf of purchasers of Midland States Bancorp, Inc. (Midland States Bancorp or the Company) (NASDAQ: MSBI).
Background on Midland States Bancorp, Inc.
Midland States Bancorp is a community bank holding company headquartered in Effingham, Illinois, with approximately $12.6 billion in assets. The Company operates through its subsidiary, Midland States Bank, which provides a full range of commercial and consumer banking products and services.
The Investigation
The investigation concerns possible violations of the federal securities laws, including the Securities Act of 1933 and the Securities Exchange Act of 1934. Specifically, the investigation focuses on whether Midland States Bancorp and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material information to investors.
Implications for Individual Investors
If you purchased Midland States Bancorp securities, the firm encourages you to obtain additional information and assist the investigation. You may have legal claims and be entitled to compensation. The investigation focuses on whether Midland States Bancorp and its executives violated securities laws and regulations. If the investigation reveals that the Company misrepresented or concealed material information, the securities may have been sold at artificially inflated prices.
Impact on the Wider Community
The potential impact of this investigation extends beyond individual investors. If it is discovered that Midland States Bancorp and its executives engaged in securities fraud, the consequences could be far-reaching. The Company’s reputation could be damaged, potentially leading to decreased customer trust and loss of business. The investigation could also result in regulatory scrutiny and fines, which could impact the Company’s financial performance and future prospects.
Conclusion
Bronstein, Gewirtz & Grossman, LLC’s investigation into potential claims against Midland States Bancorp, Inc. highlights the importance of transparency and honesty in the financial industry. If you purchased Midland States Bancorp securities and believe you may have legal claims, the firm encourages you to visit bgandg.com/MSBI to learn more and assist the investigation. The potential consequences of securities fraud extend beyond individual investors, impacting the wider community through decreased trust, regulatory scrutiny, and financial consequences.
- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of Midland States Bancorp, Inc. purchasers.
- The investigation concerns possible securities law violations.
- Individual investors who purchased Midland States Bancorp securities are encouraged to obtain additional information and assist the investigation.
- The potential consequences of securities fraud extend beyond individual investors, impacting the wider community.
