Pomerantz Law Firm Investigates Meridian Corporation for Potential Securities Fraud
Pomerantz LLP is investigating Meridian Corporation (NASDAQ: MRBK) for potential securities fraud following a significant drop in its stock price after the company reported weak first-quarter financial results. The stock fell 8.86% to $18.42 per share on April 24, 2026, after Meridian disclosed declining SBA loan sale income and elevated costs due to charge-offs from loans originated during the 2020-2021 low-rate environment.
Tickers: $MRBK
Topics: class action financial results management change securities fraud stock price drop