NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Horizon Bancorp, Inc. (“Horizon” or the “Company”). HBNC, and certain officers. The class action lawsuit, filed in the U.S. District Court for the Eastern District of New York and registered at 23-cv-02961, is being brought on behalf of a class consisting of all persons and entities other than the defendants who own securities of Horizon purchased or otherwise acquired between March 9, 2022 and March 10, 2023, both dates inclusive (the “Collection Period”), to recover damages caused by the Defendants’ violations of the federal securities laws and remedies under the Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 enacted thereunder, against the Company and certain of its senior officers.

If you are a shareholder who purchased or otherwise acquired Horizon securities during the class action period, you have until June 19, 2023 to ask the court to name you as lead plaintiff in the class action. A copy of the complaint is available at www.pomerantzlaw.com. To discuss this promotion, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, ext. 7980. Persons inquiring by email are asked to provide their mailing address, telephone number and the number of shares purchased.

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Horizon acts as the banking holding company for Horizon Bank, which offers a range of commercial and retail banking services.

The Complaint alleges that the Defendants made materially false and misleading statements about the Company’s business, operations and prospects throughout the Class Period. In particular, the Defendants have provided false and/or misleading information and/or failed to disclose that: (i) the Company maintained deficient internal accounting controls related to its classification of certain loan balances and securities; (ii)…