Wolf Haldenstein Adler Freeman & Herz LLP Announces That a Class Action Lawsuit on Behalf of BancorpSouth, Inc. Investors Has Been Filed in the United States District Court for the Middle District of Tennessee -- BXS


NEW YORK, Aug. 7, 2014 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, announces that a class action lawsuit has been commenced in the United States District Court for the Middle District of Tennessee on behalf of purchasers of BancorpSouth, Inc., ("BancorpSouth" or the "Company") (NYSE:BXS) securities between January 8, 2014, through July 21, 2014, inclusive (the "Class Period").

The complaint alleges that during the Class Period, the Company misrepresented and failed to disclose that BancorpSouth's operations and credit practices violated the Bank Secrecy Act and federal anti-money-laundering programs, that the Company's lending practices were not in compliance with the regulations promulgated by the Consumer Financial Protection Bureau, and, that as a result, BancorpSouth's financial statements were materially false and misleading. When these adverse facts were revealed to the market, the price of the Company's securities dropped, damaging investors.

If you purchased BancorpSouth common stock during the Class Period, you may move to be appointed as lead plaintiff by September 29, 2014. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Wolf Haldenstein, or other counsel of your choice, to serve as your counsel in this action.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has over 70 attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please contact Wolf Haldenstein Adler Freeman & Herz LLP by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com. All e-mail correspondence should make reference to the "BancorpSouth litigation."

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