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May 23, 2024

Grand News Network / November 8, 2023

Kirby McInerney LLP Continues Investigation of Shareholder Claims Against Blue Ridge Bankshares, Inc. (BRBS)

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Blue Ridge Bankshares, Inc. ("Blue Ridge" or the "Company") (NYSE:BRBS). The investigation concerns whether Blue Ridge and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.

On October 31, 2023, Blue Ridge disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that its management and the audit committee of its Board of Directors determined that certain specialty finance loans were reported incorrectly in the Company's prior financial statements with the SEC. Accordingly, Blue Ridge announced that the Company's 2022 annual report on Form 10-K and unaudited interim financial statements included ...

Full story available on Benzinga.com


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