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 are accused of making materially false and misleading statements regarding the company's business, operations, and prospects [2] Group 2: Investor Information - Investors who suffered losses during the specified timeframe 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: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the U.S. [4]
Investors who lost money on Customers Bancorp, Inc.(CUBI) should contact Levi & Korsinsky about pending Class Action - CUBI