CUBI Investors Encouraged to Take Action in Securities Fraud Lawsuit Against Customers Bancorp, Inc.

Investors Urged to Join the Class Action Against Customers Bancorp

In a recent announcement, the Rosen Law Firm has reiterated its call to investors of Customers Bancorp, Inc. (NYSE: CUBI) regarding the significant class action lawsuit concerning alleged securities fraud. This comes as a timely reminder for those who purchased securities from March 1, 2024, to August 8, 2024, a period which has now been recognized as pivotal in this legal battle.

Understanding the Class Action

The allegations against Customers Bancorp revolve around claims of misleading statements made about the company's operational integrity. During the class period, it has been asserted that the company's anti-money laundering practices were severely lacking, which in turn led to heightened regulatory risks. Investors may have faced damages when the truth surrounding these claims came to light, prompting legal action.

For those who have invested in CUBI securities during this time frame, the upcoming deadline of January 31, 2025, is crucial. This is the date by which individuals wishing to be considered for lead plaintiff status in the lawsuit must take action. As lead plaintiffs, investors can represent the collective group, guiding the litigation process and advocating for potential recovery.

Why Choose Rosen Law Firm?

It is essential to select legal counsel with a proven track record. Rosen Law Firm, known for its dedication to investor rights, has a history of successfully leading cases similar to this one. The firm notably achieved significant settlements in the past and has been recognized consistently for its performance in the realm of securities class action lawsuits. Many investors are often misled by firms attempting to act as intermediaries rather than those who have the legal capability and experience to litigate effectively. Therefore, choosing a firm like Rosen, which emphasizes direct representation and has garnered top rankings over the years, can enhance the chances of a favorable outcome.

Next Steps for Investors

Should you wish to join the Customers Bancorp class action, the Rosen Law Firm provides easy access to participate either through their website or by directly contacting legal representatives. They are readily available via phone or email for any inquiries regarding the lawsuit. Remember, until a class is certified, retaining counsel is a choice; however, engaging with a knowledgeable attorney can provide additional reassurance and guidance in navigating the complexities of securities law.

Investors maintain the option to either step into the role of lead plaintiff or remain absent members of the class without immediate engagement. Notably, one’s involvement as lead plaintiff does not determine eligibility in sharing any future recovery awarded by the court.

Conclusion

With distinguished recognition and numerous successful cases under their belt, the Rosen Law Firm positions itself as a strong advocate for investors. Those affected by the alleged actions of Customers Bancorp are encouraged to act before the looming deadlines. It’s crucial that investors understand their rights and options, ensuring that they can secure their financial interests effectively amid this unfortunate situation.