Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Texas Capital Bancshares, Inc. (TCBI) Investigation

NEW YORK, NY / ACCESSWIRE / March 17, 2023 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Texas Capital Bancshares, Inc. ("Texas Capital" or the "Company") (NASDAQ:TCBI). Investors who purchased Texas Capital securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tcbi.

The investigation concerns whether Texas Capital has violated federal securities laws.

On March 29, 2021, Texas Capital's stock price fell 13% due to the large-scale selling of shares by prime brokers associated with the now-defunct family office Archegos Capital Management ("Archegos"). A Bloomberg article published on November 16, 2021 revealed that Archegos had amassed a position of 20% in Texas Capital prior to the margin calls that prompted its liquidation. The article also reported that Texas Capital was aware of Archegos' large position while it was raising additional capital from investors in February 2021.

If you are aware of any facts relating to this investigation or purchasedTexas Capital shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/tcbi. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com

SOURCE: Bronstein, Gewirtz & Grossman, LLC

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