(NASDAQ GS: OZK)
Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Bank OZK ("Bank OZK" or the "Company") on behalf of stockholders. A class action complaint has been filed against Bank OZK. The complaint alleges that defendants made materially false and/or misleading statements, and failed to disclose material adverse facts about Bank OZK's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (i) the Company lacked adequate internal controls to assess credit risk; (ii) as a result, certain of the Company's loans posed an increased risk of loss; (iii) certain substandard loans were reasonably likely to lead to charge-offs; and (iv) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.