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First BanCorp Investor Alert: Investigation of Potential Fiduciary Duty Breaches - Kehoe Law Firm, P.C. - FBP

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First BanCorp Investor Alert: Investigation of Potential Fiduciary Duty Breaches - Kehoe Law Firm, P.C. - FBP PHILADELPHIA, PA / ACCESS Newswire / August 11, 2026 / Kehoe Law Firm, P.C. is investigating whether certain officers and directors of First BanCorp. ("First BanCorp" or the "Company") (NYSE:FBP) may have breached their fiduciary duties or otherwise failed to oversee and manage the Company appropriately, and whether the Company and its shareholders may have been harmed as a result.

Current First BanCorp shareholders may have rights in connection with the investigation. Additional information is available at kehoelawfirm.com/first-bancorp-fiduciary-duty-investigation/.

What Is the Investigation About?

The investigation concerns allegations involving banking services allegedly provided to Jeffrey Epstein, as well as First BanCorp's oversight, compliance, and corporate governance practices.

On June 24, 2026, a plaintiff identified as Jane Doe filed a putative class action lawsuit against First BanCorp alleging that the bank participated in, and financially benefited from, Jeffrey Epstein's sex-trafficking operation.

Kehoe Law Firm is evaluating whether the Company's officers and directors breached their fiduciary duties in connection with these matters and whether corporate-governance reforms or other relief may be appropriate for First BanCorp.

First BanCorp Shareholders May Have Legal Claims

Current First BanCorp shareholders who wish to learn more about the investigation and their potential legal rights are encouraged to contact the firm.

First BanCorp investors may complete Kehoe Law Firm's Stockholder Information Request Form or contact:

Michael Yarnoff, Esq.

(215) 792-6676, Ext. 804

[email protected]

[email protected]

There is no cost or obligation to speak with the firm. All representation is provided on a contingency-fee basis, and shareholders are not responsible for attorneys' fees, court costs, or litigation expenses. Any request for attorneys' fees and expenses will be subject to court approval.

About Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors and consumers in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, and retirement-plan mismanagement. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.

This press release may constitute attorney advertising.

SOURCE: Kehoe Law Firm, P.C.