Core Viewpoint - Customers Bancorp, Inc. is facing a class action lawsuit due to allegations of inadequate anti-money laundering practices and misleading statements regarding its business operations and compliance with legal obligations [2][3]. Group 1: Allegations and Class Period - The class period for the lawsuit is from March 1, 2024, to August 8, 2024 [2]. - Allegations include that Customers Bancorp had inadequate anti-money laundering practices, leading to non-compliance with legal obligations and heightened regulatory risk [2]. Group 2: Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to register for the class action and can seek lead plaintiff status by the deadline of January 31, 2025 [3]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [3]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Customers Bancorp, Inc. securities for the period between March 1, 2024, and August 8, 2024, due to alleged misleading statements and inadequate anti-money laundering practices [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Customers Bancorp made materially false and misleading statements regarding its business operations and compliance with legal obligations, which led to heightened regulatory risks [5]. - Investors who purchased Customers Bancorp securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the Customers Bancorp class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the Court by January 31, 2025, to represent other class members in the litigation [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked highly in securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

LOS ANGELES, Dec. 4, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Customers Bancorp, Inc. ("Customers Bancorp" or "the Company") (NYSE: CUBI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between March 1, 2024 and August 8, 2024, inclusive (the "Class P ...

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Customers Bancorp, Inc. (“Customers Bancorp” or “the Company”) (NYSE: CUBI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Customers Bancorp se ...

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased or otherwise acquired Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) (NYSE: CUBI) securities between March 1, 2024 and August 8, 2024, inclusive (the “Class Period”). The lawsuit seeks to recover damages for the Company’s investors un ...

ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Customers Bancorp, Inc. (“Customers Bancorp” or the “Company”) (NYSE: CUBI). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse facts about Customers Bancorp’s business, operations, and prospects, including allegations that: (1) Customers Bancorp had inadequate anti-money laundering practices; and (2) as a result, it was not in co ...

SAN FRANCISCO , Dec. 03, 2024 (GLOBE NEWSWIRE) -- Customer Bancorp is now the target of a securities class action, alleging that the company and certain of its top executives misled investors about its anti-money laundering practices and compliance with federal regulations. Hagens Berman urges Customers Bancorp, Inc. (NYSE: CUBI) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may assist the investigation to contact its attorneys. Clas ...

SAN DIEGO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Customers Bancorp, Inc. (NYSE: CUBI) publicly traded securities between March 1, 2024 and August 8, 2024, inclusive (the “Class Period”), have until January 31, 2025 to seek appointment as lead plaintiff of the Customers Bancorp class action lawsuit. Captioned Chang v. Customers Bancorp, Inc., No. 24-cv-06416 (E.D. Pa.), the Customers Bancorp class action lawsuit charges Customers Bancorp ...

NEW YORK, Nov. 18, 2024 /PRNewswire/ -- Rosen Law Firm, a leading securities law firm, continues to investigate Customers Bancorp, Inc. (NYSE: CUBI) for possible violations of the federal securities laws.If you purchased Customers Bancorp securities, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.To join the prospective class action, go to https:// ...

Core Viewpoint - Customers Bancorp, Inc. is under investigation for potential violations of federal securities laws following significant deficiencies identified in its risk management practices and compliance with anti-money laundering regulations, leading to a notable drop in its stock price [1][2]. Group 1: Investigation and Regulatory Actions - Rosen Law Firm is investigating Customers Bancorp for potential violations of federal securities laws [1]. - The Federal Reserve Board announced enforcement actions against Customers Bancorp and Customers Bank due to significant deficiencies in risk management and compliance with anti-money laundering laws [2]. Group 2: Stock Performance - Following the announcement from the Federal Reserve, Customers Bancorp's stock price fell by $7.22, or 13.3%, closing at $47.01 per share on August 8, 2024 [2]. Group 3: Legal Options for Investors - Investors in Customers Bancorp may have legal options and are encouraged to submit their information to Rosen Law Firm, which operates on a contingency fee basis [4]. - Shareholders will not be responsible for any court costs or litigation expenses, as the firm will seek court approval for any potential fees [4]. Group 4: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [6]. - The firm was ranked No. 1 for securities class action settlements in 2017 and has recovered hundreds of millions of dollars for investors over the years [6].