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Class Action Filed Against Customers Bancorp, Inc. (CUBI) Seeking Recovery for Investors – Contact Levi & Korsinsky
CUBICustomers Bancorp(CUBI) GlobeNewswire News Room·2025-01-08 17:41

Core Viewpoint - Customers Bancorp, Inc. is facing a class action securities lawsuit due to alleged securities fraud that occurred between March 1, 2024, and August 8, 2024 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Customers Bancorp had inadequate anti-money laundering practices, leading to non-compliance with legal obligations and increased regulatory risk [2] - Defendants allegedly made materially false and misleading statements regarding Customers Bancorp's business, operations, and prospects [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified period have until January 31, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]