SmartFinancial Inc
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Financials : Banks | Small Cap Value
Company profile

SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank's investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately 28 branches.

Price
Delayed
$22.97
Day's Change
0.1185 (0.52%)
Bid
--
Ask
--
B/A Size
--
Day's High
23.00
Day's Low
22.91
Volume
11,235

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Walmart Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

11:45 am ET February 24, 2021 (Accesswire) Print

LOS ANGELES, CA / ACCESSWIRE / February 24, 2021 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Walmart Inc. ("Walmart" or "the Company") (NYSE:WMT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Image: https://s.yimg.com/ny/api/res/1.2/luLoEbmlFpDs85sr.TbAEQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTk3LjgwODIxOTE3ODA4MjI-/https://s.yimg.com/uu/api/res/1.2/iWU0ZzV6XutAyaEKx8R5CQ--~B/aD02ODt3PTI5MjthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/accesswire.ca/162fb66b6317c90b910cb1e167b3254c

Investors who purchased the Company's securities between March 30, 2016 and December 22, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before March 22, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Walmart knowingly filled improper prescriptions written by "pill-mill" prescribers. Thousands of prescriptions filled by the Company demonstrated obvious red flags such as dangerous mixtures of medications. The Company's management pressured its pharmacists to fill as many prescriptions as possible, making it difficult for them to comply with the law. The Company's pharmacy revenues were artificially inflated due to filling invalid prescriptions in violation of the Controlled Substance Act dispensing requirements. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Walmart, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE: The Schall Law Firm

View source version on accesswire.com:

https://www.accesswire.com/631697/SHAREHOLDER-ACTION-NOTICE-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-Walmart-Inc-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm

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