Defendant Name:
The Bancorp, Inc.
Defendant Type:
Public Company
Document Reference:
34-87036-s
Document Details
Legal Case Name
In the Matter of The Bancorp, Inc.
Document Name
SEC Charges Bank Holding Company and Two Officers with Reporting, Recordkeeping, and Internal Controls Violations
Document Date
20-Sep-2019
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated that: "[It] settled charges against bank holding company The Bancorp, Inc. and two of its officers stemming from the company's reporting, recordkeeping, and internal controls failures in connection with its commercial loan portfolio."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Total Penalty
Individual:
$1,400,000.00
Shared: