{"id":750063,"date":"2023-04-21T12:59:33","date_gmt":"2023-04-21T16:59:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/"},"modified":"2023-04-21T12:59:33","modified_gmt":"2023-04-21T16:59:33","slug":"lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/","title":{"rendered":"Lowey Dannenberg Notifies Horizon Bancorp, Inc. (NASDAQ: HBNC) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  21, 2023  (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Horizon Bancorp, Inc. (NASDAQ: HBNC) (\u201cHorizon\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Horizon securities between March 9, 2022 and March 10, 2023, both dates inclusive (the \u201cClass Period\u201d).<\/p>\n<p>On April 20, 2023, a Complaint was filed against Horizon and certain of its officers (collectively the \u201cDefendants\u201d) alleging that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and prospects. Specifically, Defendants made false and\/or misleading statements and\/or failed to disclose that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company\u2019s ability to timely file its annual report for 2022; and (iv) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n<p>When investors learned the truth, Horizon\u2019s common stock declined precipitously, injuring investors.<\/p>\n<p>If you suffered a loss of more than $100,000 in Horizon\u2019s securities, and wish to participate, or learn more, please contact our attorneys at (914) 733-7234 or via email at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lddBqQCkLXlfZK-eCRxYfgXwUwRjJWPQoocqSJB90_LZyZ3oRlSOVt3WpF8f2H3bLhYqgyJXQpBCxeh4Lwxyvvmhh4HqAiDyhfVmXABUGr0=\" rel=\"nofollow noopener\" target=\"_blank\">investigations@lowey.com<\/a>. You can also read more about the lawsuit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VCZI-G9zOSNGqUeMIyZJ2EALrDYXCS9I8Qk1aoGTn3QtfrTNbtEQas3XjLwTeBxQ2Ck1K5orI0tCH5rR2WLi7yP3WiRoGxcKPXE-Mek87i0=\" rel=\"nofollow noopener\" target=\"_blank\">here<\/a>.<\/p>\n<p>Any investor who wishes to serve as Lead Plaintiff must act before June 19, 2023.<\/p>\n<p>\n        <strong>About Lowey Dannenberg<\/strong><br \/>\n        <br \/>Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has recovered billions of dollars on behalf of its clients.<\/p>\n<p>\n        <strong>Contact<\/strong>:<br \/>Lowey Dannenberg P.C.<br \/>44 South Broadway, Suite 1100<br \/>White Plains, NY 10601<br \/>Tel: (914) 733-7234<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lddBqQCkLXlfZK-eCRxYfgXwUwRjJWPQoocqSJB90_ILrnRmWzNXIKuYvgpk9D04CtXbg4qX6nPbqojMg9XTHv-A48FKCulILOR06mZ15Ps=\" rel=\"nofollow noopener\" target=\"_blank\">investigations@lowey.com<\/a>\u00a0<\/p>\n<p>\n        <strong>SOURCE<\/strong>: Lowey Dannenberg P.C.<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMzA4OSM1NTQwNTgxIzIxOTQ1MzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MjUwMjIwN2UtZDljOS00ZjE5LTkyMWYtMDQzNmFjMjMzYWYxLTEyMDYwODc=\/tiny\/Lowey-Dannenberg-P-C-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Horizon Bancorp, Inc. (NASDAQ: HBNC) (\u201cHorizon\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Horizon securities between March 9, 2022 and March 10, 2023, both dates inclusive (the \u201cClass Period\u201d). On April 20, 2023, a Complaint was filed against Horizon and certain of its officers (collectively the \u201cDefendants\u201d) alleging that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and prospects. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lowey Dannenberg Notifies Horizon Bancorp, Inc. (NASDAQ: HBNC) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-750063","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lowey Dannenberg Notifies Horizon Bancorp, Inc. 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(NASDAQ: HBNC) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 21, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against Horizon Bancorp, Inc. (NASDAQ: HBNC) (\u201cHorizon\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Horizon securities between March 9, 2022 and March 10, 2023, both dates inclusive (the \u201cClass Period\u201d). On April 20, 2023, a Complaint was filed against Horizon and certain of its officers (collectively the \u201cDefendants\u201d) alleging that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company\u2019s business, operations, and prospects. &hellip; Continue reading &quot;Lowey Dannenberg Notifies Horizon Bancorp, Inc. 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(NASDAQ: HBNC) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2023-04-21T16:59:33+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMzA4OSM1NTQwNTgxIzIxOTQ1MzQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-horizon-bancorp-inc-nasdaq-hbnc-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Lowey Dannenberg Notifies Horizon Bancorp, Inc. 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