Seacoast Banking Corporation of Florida
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Financials : Banks | Small Cap Value
Company profile

Seacoast Banking Corporation of Florida is a financial holding company. The Company's principal subsidiary is Seacoast National Bank (Seacoast Bank), a wholly owned national banking association. It provides integrated financial services, including commercial and consumer banking, wealth management and mortgage services to customers through online and mobile banking solutions and Seacoast Bank's network of approximately 54 traditional branches and commercial banking centers. Its loans held for investment are categorized as construction and land development, commercial real estate-owner-occupied, commercial real estate-non-owner-occupied, residential real estate, commercial and financial, and consumer and paycheck protection program. Its offices stretch from the southeast, including Fort Lauderdale, Boca Raton and Palm Beach, north along the east coast to the Daytona area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties.

Closing Price
$31.44
Day's Change
-0.41 (-1.29%)
Bid
--
Ask
--
B/A Size
--
Day's High
31.66
Day's Low
31.07
Volume
(Light)
Volume:
235,708

10-day average volume:
342,255
235,708

FHS Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 11, 2022 to Discuss Your Rights - FHS

4:30 pm ET July 7, 2022 (Newsfile) Print

New York, New York--(Newsfile Corp. - July 7, 2022) - Levi & Korsinsky, LLP notifies investors in First High-School Education Group Co., Ltd. ("FHS" or the "Company") (NYSE: FHS) of a class action securities lawsuit.

The lawsuit on behalf of FHS investors has been commenced in the the United States District Court for the Southern District of New York. This lawsuit is on behalf of all persons or entities who purchased FHS American Depositary Shares in or traceable to the Company's March 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:

https://www.zlk.com/pslra-1/first-high-school-education-group-co-ltd-loss-submission-form?prid=29640&wire=5

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7091/130289_237086_logo.jpg





Cannot view this video? Visit:

https://www.youtube.com/watch?v=oQAB9lF2S30

First High-School Education Group Co., Ltd. NEWS - FHS NEWS

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) the new rules, regulations and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to the Company and its business; (b) contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth; and (c) as a result, representations made in connection with the Company's initial public offering regarding FHS's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company at the time of the initial public offering, and were materially false and misleading and lacked a factual basis.

WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in FHS during the relevant timeframe, you have until July 11, 2022 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.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.

PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form https://www.zlk.com/pslra-1/first-high-school-education-group-co-ltd-loss-submission-form?prid=29640&wire=5 or call 212-363-7500 to discuss the case.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130289

comtex tracking

COMTEX_409826933/2523/2022-07-07T16:30:42

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