Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Customers Bancorp, Inc. due to allegations of materially misleading business information [1][2] Group 1: Legal Actions and Investigations - Rosen Law Firm is preparing a class action to seek recovery of investor losses for those who purchased Customers Bancorp securities [1] - The Federal Reserve Board issued an enforcement action against Customers Bancorp, citing significant deficiencies in risk management practices and compliance with anti-money laundering regulations [2] - Following the Federal Reserve's announcement, Customers Bancorp's stock price dropped by 47.01 per share on August 8, 2024 [2] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and recognition in the field [3]
CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses Are Encouraged to Contact RLF About Ongoing Investigation into the Company (NYSE: CUBI)