Investigating the Officers and Directors of CrossFirst Bankshares, Inc. (CFB) on Behalf of Shareholders
Shareholder rights law firm Robbins LLP informs shareholders that it is investigating CrossFirst Bankshares, Inc. (NASDAQ: CFB) for potential material misstatements and violations of federal securities laws pursuant to its August 2019 initial public offering (“IPO”). On August 15, 2019, CrossFirst completed its IPO offering approximately 7 million shares at $14.50 per share raising $101.5 million in proceeds. Since its IPO, CrossFirst’s stock has precipitously declined, and by August 11, 2020, shares of CrossFirst closed at around $9.90 per share, representing a staggering decline of almost 32% from its IPO share price.