Texas Capital Bancshares Inc
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Financials : Banks | Small Cap Growth
Company profile

Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.

Postmarket

Last Trade
Delayed
$38.75
0.23 (0.60%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$38.52
Day's Change
1.21 (3.24%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
38.84
Day's Low
37.15
Volume
(Heavy Day)
Volume:
464,851

10-day average volume:
341,646
464,851

CLASS ACTION UPDATE for NSP, ERII and PROG: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

1:15 pm ET September 16, 2020 (Accesswire) Print

NEW YORK, NY / ACCESSWIRE / September 16, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

NSP Shareholders Click Here: https://www.zlk.com/pslra-1/insperity-inc-loss-form?prid=9321&wire=1ERII Shareholders Click Here: https://www.zlk.com/pslra-1/energy-recovery-inc-loss-submission-form?prid=9321&wire=1PROG Shareholders Click Here: https://www.zlk.com/pslra-1/progenity-inc-information-request-form?prid=9321&wire=1

* ADDITIONAL INFORMATION BELOW *

Insperity, Inc. (NYSE:NSP)

NSP Lawsuit on behalf of: investors who purchased February 11, 2019 - February 11, 2020Lead Plaintiff Deadline : September 21, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/insperity-inc-loss-form?prid=9321&wire=1

According to the filed complaint, during the class period, Insperity, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) the Company had failed to negotiate appropriate rates with its customers for employee benefit plans and did not adequately disclose the risk of large medical claims from these plans; (b) Insperity was experiencing an adverse trend of large medical claims; (c) as a mitigating measure, the Company would be forced to increase the cost of its employee benefit plans, causing stunted customer growth and reduced customer retention; and (d) the foregoing issues were reasonably likely to, and would, materially impact Insperity's financial results.

Energy Recovery, Inc. (NASDAQ:ERII)

ERII Lawsuit on behalf of: investors who purchased August 2, 2017 - June 29, 2020Lead Plaintiff Deadline : September 21, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/energy-recovery-inc-loss-submission-form?prid=9321&wire=1

According to the filed complaint, during the class period, Energy Recovery, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had different strategic perspectives regarding commercialization of the Company's VorTeq technology than Schlumberger Technology Corp., which had exclusive rights to the use of VorTeq (ii) these differences created substantial risk of early termination of the Company's exclusive licensing agreement with Schlumberger; (iii) accordingly, the revenue guidance and expectations of future license revenue was false and lacked reasonable basis; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times or lacked a reasonable basis and omitted material facts.

Progenity, Inc. (NASDAQ:PROG)

This lawsuit is on behalf of all purchasers of Progenity common stock pursuant and/or traceable to the registration statement, as amended, issued in connection with Progenity's June 2020 initial public offering.Lead Plaintiff Deadline : October 27, 2020TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/progenity-inc-information-request-form?prid=9321&wire=1

According to the filed complaint, (i) that Progenity had overbilled government payors by $10.3 million in 2019 and early 2020 and, thus, had materially overstated its revenues, earnings and cash flows from operations for the historical financial periods provided in the registration statement; (ii) that Progenity would need to refund this overpayment in the second quarter of 2020 (the same quarter in which the initial public offering was conducted), adversely impacting its quarterly results; and (iii) that Progenity was suffering from accelerating negative trends in the second quarter of 2020 with respect to the Company's testing volumes, revenues and product pricing.

You have until the lead plaintiff deadlines 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.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLPJoseph E. Levi, Esq.55 Broadway, 10th FloorNew York, NY 10006jlevi@levikorsinsky.comTel: (212) 363-7500Fax: (212) 363-7171www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/606378/CLASS-ACTION-UPDATE-for-NSP-ERII-and-PROG-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

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