Trending...
- HaplessRevenge.com Kicks-Off this Saturday's Hemet Film Festival with Johnnie Mae Greene & PhilE
- California: Governor Newsom announces appointments 10.31.2025
- Warrior Foundation Freedom Station Starts Give-A-Thon to Fly Our Warriors "Home for the Holidays!"
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Provident Bancorp, Inc. ("Provident" or "the Company") (NASDAQ: PVBC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Provident announced on November 15, 2022, that it would fail to file its quarterly financials for Q3 while also disclosing an estimated net loss of about $27.5 million. The Company blames its losses on "due to the recent decline in the cryptocurrency mining industry." Based on this news, shares of Provident fell by almost 22% on the next day.
More on The Californer
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
More on The Californer
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Provident announced on November 15, 2022, that it would fail to file its quarterly financials for Q3 while also disclosing an estimated net loss of about $27.5 million. The Company blames its losses on "due to the recent decline in the cryptocurrency mining industry." Based on this news, shares of Provident fell by almost 22% on the next day.
More on The Californer
- SEEAG's "Christmas On The Ranch" Offers Fresh-Cut Christmas Trees From Northern California
- PJHM Architects Honored with Outstanding Project Award for Patrick Henry High School Design
- Gold Standard Diagnostics Launches AIX1000 2.1® with Extra High Titer RPR Testing
- Long Beach: City to Host Space Beach Career Fair
- Lawproactive Launches Next-Generation CRM, Marrying Data and Location with Geo-Optimized Funnels for Attorney Lead Generation
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
More on The Californer
- POWER SOLUTIONS N.V. Partners with ENERGY33 LLC to Deliver a 40.5 MW Temporary Power Project for ECUACORRIENTE S.A. in Ecuador
- California: Governor Newsom urges the Supreme Court to reject Trump's illegal tariff grift
- Pioneering the Future of Human-Computer Interaction Through AI-Powered Neural Input Technology: Wearable Devices Ltd. (N A S D A Q: WLDS)
- Epic Pictures Group Sets North American Release Date for the Action Thriller LOST HORIZON
- Utoch Digital Asset Center Launches Global Innovation Initiative
The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
Contacts
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com
Filed Under: Business
0 Comments
Latest on The Californer
- Divine Logic Launches New Website to Help Fresno Businesses Simplify IT and Compliance
- City of Long Beach and Long Beach Lifeguards Association Reach Tentative Labor Agreement
- Historic 1947 Trumpy Yacht Mauretania Featured in Wooden Boat Magazine
- California Music Hall of Fame 2025 Induction Ceremony at Warner Bros. Studios November 15th
- Angel Light Academy Honors 8 Community Members Who Demonstrate Excellence in Leadership and Service 18th Annual Above & Beyond Awards November 8
- Culture, Classical Guitar and Comedy... HealthyLife.net Radio adds new programs
- THINKWARE to Showcase Three Next-Generation Dash Cams at SEMA Show
- ICYMI: Coreshell Technologies wins $1 million grand prize at Startup World Cup Grand Finale, highlighting California's entrepreneurial leadership
- Small-Firm Leaders Must Prioritize High-Impact Tasks to Prevent Burnout: New Article in AT
- Stockdale Capital Partners Acquires 266-Unit Class-A Scottsdale, AZ Multifamily Community
- Revenue Optics Ignites AI Revolution in Industrial Distribution
- Arnica Unveils "Arnie AI" to Secure the Future of AI-Driven Software Development
- Axiros North America Announces New CEO: Gabriel Davidov
- CCHR Exposes Harms Behind Today's Mental Health Awareness Campaigns
- Now Is the Right Time: Kaltra Highlights Its Proven Replacement Microchannel Coils
- Celebrating Rosie Perez's Remarkable Career: 'A Hot Set's Top 10 Must-See Films
- Chill Factor Cooling & Heating Honors Local Heroes with 10% Off for First Responders
- Stockholder Challenges Luminar's Title to Solfice IP; §220 Action Alleges Undisclosed Inducements
- PHOTOS: Humanitarian deployment of California National Guard, California Volunteers to food banks expands to San Diego
- How to Optimize Your Website for AI Search with DeepRank AI