HBNC SHAREHOLDER ALERT: Jakubowitz Law Reminds Horizon Shareholders of a Lead Plaintiff Deadline of June 20, 2023

NEW YORK, May 19, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Horizon Bancorp, Inc. (NASDAQ: HBNC).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/horizon-class-action-loss-submission-form/?id=39596&from=4

The lawsuit seeks to recover losses for shareholders who purchased Horizon between March 9, 2022 and March 10, 2023.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 20, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Horizon Bancorp, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

SOURCE Jakubowitz Law

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