Customers Bancorp, Inc. (CUBI) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit

Core Viewpoint - Customers Bancorp, Inc. is facing a securities fraud class action lawsuit due to alleged inadequate anti-money laundering practices and misleading statements regarding its business operations and compliance [3]. Group 1: Lawsuit Details - The lawsuit claims that from March 1, 2024, to August 8, 2024, Customers Bancorp failed to disclose its inadequate anti-money laundering practices [3]. - The company was allegedly not in compliance with legal obligations, which increased its regulatory risk [3]. - Positive statements made by the company regarding its business and prospects were claimed to be materially misleading and lacked a reasonable basis [3]. Group 2: Participation Information - Investors who suffered losses in Customers Bancorp are encouraged to contact the Law Offices of Howard G. Smith before January 31, 2025, to participate in the lawsuit [2]. - No immediate action is required from potential class members; they may choose to retain counsel or remain absent from the action [5].