Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Meridian (MRBK) To Contact Him Directly To Discuss Their Options
If you purchased or acquired stock in Meridian and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
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NEW YORK, May 09, 2026 (GLOBE NEWSWIRE) --
What’s Happening:
- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Meridian Corporation (“Meridian” or the “Company”) (NASDAQ: MRBK) on behalf of Meridian stockholders. Our investigation concerns whether Meridian has violated the federal securities laws and/or engaged in other unlawful business practices.
Investigation Details:
- On April 23, 2026, Meridian issued a press release reporting its financial results for the first quarter of 2026. In the press release, Meridian disclosed that "SBA loan sale income was down significantly after a management change" and that "costs remained elevated during the quarter, driven largely by charge offs in our SBA and leasing portfolios that trace back to loans originated during the low rate environment of 2020 and 2021."
- On this news, Meridian's stock price fell $1.79 per share, or 8.86%, to close at $18.42 per share on April 24, 2026.
Next Steps:
- If you purchased or otherwise acquired Meridian shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
