Core Viewpoint - A securities class action lawsuit has been filed against Customers Bancorp, Inc. for alleged misleading statements and inadequate anti-money laundering practices during the specified Class Period [1][4]. Company Overview - Customers Bancorp is a bank holding company headquartered in West Reading, PA [3]. Lawsuit Details - The lawsuit covers purchasers of Customers Bancorp securities from March 1, 2024, to August 8, 2024 [1]. - Allegations include that Customers Bancorp had inadequate anti-money laundering practices and was not in compliance with legal obligations, leading to increased regulatory risk [4]. Participation Information - Investors who purchased securities during the Class Period can seek to be appointed as lead plaintiff by January 31, 2025 [3]. - A lead plaintiff represents the interests of all class members and selects counsel for the litigation [5].
FRIDAY DEADLINE: Berger Montague Advises Customers Bancorp (NYSE: CUBI) Investors to Inquire About a Securities Fraud Class Action by January 31, 2025