--- title: "Securities Fraud Investigation Into Pathward Financial, Inc. (CASH) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz" type: "News" locale: "en" url: "https://longbridge.com/en/news/293978651.md" description: "The Law Offices of Frank R. Cruz announced a securities fraud investigation into Pathward Financial, Inc. (NASDAQ: CASH). The probe follows the company's Q3 2026 earnings report, which disclosed a significant increase in credit loss provisions to $28.3 million and nonperforming assets to $277.5 million. CEO Brett Pharr cited a sophisticated fraud involving a working capital loan as a contributing factor. Consequently, Pathward's stock price dropped 6.25% on July 23, 2026. Investors who suffered losses are urged to contact the law firm to inquire about potential claims." datetime: "2026-07-27T21:43:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293978651.md) - [en](https://longbridge.com/en/news/293978651.md) - [zh-HK](https://longbridge.com/zh-HK/news/293978651.md) --- # Securities Fraud Investigation Into Pathward Financial, Inc. (CASH) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz **Securities Fraud Investigation Into Pathward Financial, Inc. (CASH) Announced – Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz** The Law Offices of Frank R. Cruz announces an investigation of Pathward Financial, Inc. (“Pathward” or the “Company”) (NASDAQ: CASH) on behalf of investors concerning the Company’s possible violations of federal securities laws. **IF YOU ARE AN INVESTOR WHO LOST MONEY ON PATHWARD FINANCIAL, INC. (CASH), CLICK** **HERE** **TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.** **What Is the Investigation About?** On July 22, 2026, Pathward reported fiscal third-quarter 2026 results. Among other things, the Company recognized a provision for credit losses of $28.3 million for the quarter ended June 30, 2026, compared to $9.3 million for the comparable period in the prior fiscal year. In the Company’s earnings call, Pathward’s CEO Brett Pharr stated the increased provision was due in part to the Company having _**“identified a working capital loan that we believe involves a sophisticated fraud.”**_ The Company also reported nonperforming assets were $277.5 million, representing 3.79% of total assets, compared to only $74.7 million, or 1.03% of total assets in the same period in the prior fiscal year. On this news, Pathward’s stock price fell $5.55 or 6.25%, to close at $83.12 on July 23, 2026, thereby injuring investors. **Contact Us to Participate or Learn More:** If you purchased Pathward securities, have information or 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 us: The Law Offices of Frank R. Cruz 2121 Avenue of the Stars, Suite 800 Century City, California 90067 Call us at: 310-914-5007 Email us at: info@frankcruzlaw.com Visit our website at: www.frankcruzlaw.com. Follow us for updates on Twitter at twitter.com/FRC\_LAW. If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. The Law Offices of Frank R. Cruz, Los Angeles Frank R. Cruz 310-914-5007 fcruz@frankcruzlaw.com www.frankcruzlaw.com View source version on businesswire.com: https://www.businesswire.com/news/home/20260727564180/en/ ### Related Stocks - [CASH.US](https://longbridge.com/en/quote/CASH.US.md) ## Related News & Research - [Pathward Financial Balances Credit Hits With Strong Outlook](https://longbridge.com/en/news/293993489.md) - [Pathward Financial Q3 profit falls on losses tied to larger loans](https://longbridge.com/en/news/293516550.md) - [CASH: Net income fell to $29.0M as credit events drove higher provisions, but capital ratios stayed robust](https://longbridge.com/en/news/293517202.md) - [Scorpio Gold pursues Nasdaq listing for American depositary shares](https://longbridge.com/en/news/293905134.md) - [Provident Financial Declares Quarterly Cash Dividend for Shareholders](https://longbridge.com/en/news/293778404.md)