An investigation on behalf of investors of CrossFirst Bankshares, Inc. (NASDAQ: CFB) shares over potential securities laws violations by CrossFirst Bankshares, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of CrossFirst Bankshares, Inc. (NASDAQ: CFB) concerning whether a series of statements by CrossFirst Bankshares, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Leawood, KS based CrossFirst Bankshares, Inc. operates as the bank holding company for CrossFirst Bank that provides a range of banking and financial services to businesses, business owners, and professionals and its personal networks. On or about August 15, 2019, CrossFirst Bankshares, Inc sold about 7 million shares of stock in its initial public stock offering (the 'IPO'), at $14.50 a share raising nearly $101.5 million in new capital. However, since the IPO, shares of CrossFirst Bankshares, Inc (NASDAQ: CFB) declined to as low as $7.44 per share on April 1, 2020.