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Stock impact report

ROSEN, NATIONAL INVESTOR COUNSEL, Continues To Investigate Securities Claims Against Hanmi Financial Corporation – HAFC

Hanmi Financial Corporation (HAFC) 
Last hanmi financial corporation earnings: 4/30 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: hanmi.com
Company Research Source: GlobeNewswire
NEW YORK, March 20, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hanmi Financial Corporation (NASDAQ: HAFC) resulting from allegations that Hanmi may have issued materially misleading business information to the investing public. On January 28, 2020, Hanmi issued a press release announcing the Company’s financial results for the fourth fiscal quarter of 2019. Therein, Hanmi reported net income of $3.1 million for the quarter, which included “a $6.9 million specific provision for loan and lease losses related to [a] previously identified $39.7 million troubled loan relationship.” According to Hanmi’s President and Chief Executive Officer Bonnie Lee, “[w]ith the loans comprising this relationship maturing on December 31, 2019, [Hanmi] received current appraisals on the personal property securing the relationship and ha[s] provided for a specific allowance at the lower rang Show less Read more
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