Core Viewpoint - Customers Bancorp, Inc. is facing allegations of inadequate anti-money laundering practices, leading to regulatory risks and misleading statements about its business operations and prospects [2]. Group 1: Allegations and Class Period - The class period for the allegations against Customers Bancorp is from March 1, 2024, to August 8, 2024 [2]. - The complaint claims that Customers Bancorp failed to disclose its inadequate anti-money laundering practices, which resulted in non-compliance with legal obligations and increased regulatory risk [2]. Group 2: Shareholder Actions - Shareholders who purchased shares of Customers Bancorp during the class period are encouraged to register for the class action and may seek lead plaintiff status [1][3]. - The deadline for shareholders to register and seek lead plaintiff status is January 31, 2025 [3]. Group 3: Law Firm's Role - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [4]. - The firm aims to recover losses for investors caused by misleading statements or omissions that artificially inflated the company's stock [4].
Shareholders that lost money on Customers Bancorp, Inc.(CUBI) should contact The Gross Law Firm about pending Class Action - CUBI