NEW YORK, Jan. 23, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against Provident Bancorp, Inc. (NASDAQ: PVBC), Alico, Inc. (NASDAQ: ALCO), Welltower Inc. (NYSE: WELL), and Credit Acceptance Corporation (NASDAQ: CACC). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Provident Bancorp, Inc. (NASDAQ: PVBC)
On November 15, 2022, after the market closed, Provident announced in two filings with the US Securities and Exchange Commission that it was delaying the issuance of its financial statements and quarterly report on Form 10-Q for the quarter ended September 30, 2022. Additionally, Provident said “it currently estimates that it will report a net loss of approximately $27.5 million for the quarter ended September 30, 2022, compared to net income of $5.1 million for the quarter ended September 30, 2021″ and that ”
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