Hanmi Financial Corporation Class Action Lawsuit - HAFC

Company
Hanmi Financial Corporation (NASDAQ: HAFC)
Lead Plaintiff Deadline
May 26, 2020 (Expired)
Class Period
August 12, 2019 - January 28, 2020

Expired

Lead Plaintiff Deadline

May 26, 2020

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Allegations

(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.

Eligibility

In order to be eligible to join the HAFC class action lawsuit, you must have incurred a loss on shares of Hanmi Financial Corporation purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Hanmi Financial Corporation during the relevant time frame or pursuant to the relevant offering(s), you have until May 26, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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