Investors Affected by Customers Bancorp, Inc. Allegations Can Join Class Action Suit
Join the Class Action Against Customers Bancorp, Inc.
Recent allegations against Customers Bancorp, Inc. have raised serious concerns for shareholders, prompting a call for action from The Gross Law Firm. If you purchased shares during the designated class period, you might be entitled to recovery.
Overview of Allegations
From March 1, 2024, to August 8, 2024, shareholders of Customers Bancorp are advised to evaluate their investments closely. The firm contends that during this period, the bank made materially false and misleading statements regarding its operational integrity and compliance, specifically its anti-money laundering protocols. The allegations assert that these deficiencies not only led to non-compliance with legal obligations but also subjected the bank to heightened regulatory risks, ultimately impacting its reputation and stock value.
Legal Proceedings
The class action suit aims to address these grievances, allowing shareholders to recover losses sustained due to the alleged misrepresentation of facts surrounding Customers Bancorp's operations. The complaint highlights the necessity for transparency and accountability, emphasizing shareholders' rights to understand the risks associated with their investments.
One of the pressing aspects of this class action is the option for affected parties to become lead plaintiffs, which significantly amplifies their voice in the proceedings. However, it is crucial to note that becoming a lead plaintiff is not a precondition to seeking recovery.
What Shareholders Should Do
If you are a shareholder who acquired shares of CUBI within the specified class period, it is essential to register your information promptly. The Gross Law Firm will provide continued support and alerts through portfolio monitoring software, keeping you updated on the case's progress. The firm emphasizes that there is no cost or obligation to register, making the process as accessible as possible for the interested shareholders.
To register for the class action, you can follow this link: Register Here. Make sure to do this before the deadline of January 31, 2025, to ensure your eligibility.
Why Choose The Gross Law Firm?
Recognized nationally, The Gross Law Firm is dedicated to safeguarding investors' rights amidst deceitful practices and corporate fraud. Their commitment to holding businesses accountable for dishonest actions aligns with their mission to foster integrity in the financial markets. By standing up for what is right, they strive to ensure that corporations operate with responsibility toward their shareholders.
Contact Information
For more details, shareholders can get in touch with The Gross Law Firm at:
- - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
It's imperative for shareholders of Customers Bancorp, Inc. to take these allegations and the potential for recovery seriously. Every investment should align with due diligence and transparency, and it is within your rights as a shareholder to pursue this opportunity for justice. Register today and ensure your voice is heard.
Topics Financial Services & Investing）
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