Core Viewpoint - Rosen Law Firm is investigating Customers Bancorp, Inc. for potential violations of federal securities laws, and is preparing a class action to recover investor losses [1][5]. Investigation Details - The investigation follows an enforcement action announced by the Federal Reserve Board on August 8, 2024, which identified significant deficiencies in Customers Bancorp's risk management practices and compliance with anti-money laundering regulations [3][4]. - Following the announcement, Customers Bancorp's common stock experienced a decline of 13.3% on the same day [4]. Class Action Information - Investors who purchased Customers Bancorp securities may be eligible for compensation through a contingency fee arrangement, allowing them to recover losses without upfront costs [1]. - Interested parties can join the class action by submitting a form or contacting the law firm directly [2]. 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 [5]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in 2019 and 2020 [5].
CUBI INVESTOR NEWS: Customers Bancorp, Inc. Investors that Suffered Losses are Encouraged to Contact RLF about Ongoing Investigation into the Company (NYSE: CUBI)