NEW YORK CITY, NY / ACCESS Newswire / November 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Live Oak Bancshares, Inc. ("Live Oak" or "the Company") (NYSE:LOB). Investors who purchased Live Oak securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LOB.
Investigation Details
On November 12, 2025, Live Oak disclosed in a SEC filing that "the Company will amend its 2024 Annual Report on Form 10-K . . . and the Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2025 and June 30, 2025, respectively . . . to restate the Consolidated Financial Statements for each of the periods included in those filings in order to restate the Statements of Cash Flows and related notes." The Company added that "an error was identified in the classification of cash flows between operating and investing activities associated with the proceeds received from the sale of loan participations and the related supplemental disclosures of non-cash operating, investing and financing activities related to these loans" and that "given the relative size of the misclassification . . . management concluded the misclassifications are material." Following this news, Live Oak’s stock price dropped.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Live Oak securities, you can assist this investigation by visiting the firm’s site: bgandg.com/LOB. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
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We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View the original press release on ACCESS Newswire
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