Investors Urged to Join Class Action Against Customers Bancorp for Alleged Securities Fraud

Investors Invited to Join Class Action Against Customers Bancorp

On January 17, 2025, Levi & Korsinsky, LLP announced a significant class action lawsuit targeting Customers Bancorp, Inc. (NYSE: CUBI). This notice is crucial for investors who may have suffered losses due to alleged securities fraud during a specific time frame from March 1, 2024, to August 8, 2024.

Class Action Details

The lawsuit aims to recover losses for those adversely affected by asserted securities fraud. During the cited period, it is claimed that Customers Bancorp officials made misleading statements and concealed critical information regarding their anti-money laundering practices. Allegations also include non-compliance with legal obligations, which escalated the company's regulatory risk. Investors deserve transparency and accountability from financial institutions, and this lawsuit seeks to address that expectation.

For those who invested in Customers Bancorp and believe they may be impacted by these allegations, the deadline to join the class action is set for January 31, 2025. If you qualify, you can still participate in any recovery without the obligation to serve as a lead plaintiff.

No Costs Involved

One of the enticing factors for investors participating in this class action is the non-cost nature of the involvement. Class members can expect to potentially receive compensation without incurring any fees or out-of-pocket costs during the process. Therefore, it's an opportunity that investors should consider seriously, especially if they experienced financial losses during the designated time.

Legal Expertise at Your Service

Levi & Korsinsky has a long-standing reputation in the financial legal arena, claiming a record of securing hundreds of millions of dollars in settlements for aggrieved shareholders over the last two decades. The firm has a dedicated team with vast expertise in complex securities litigation, backed by a robust operational framework consisting of over 70 staff members focused on achieving favorable outcomes for their clients.

They continuously rank as one of the top securities litigation firms in the United States per ISS Securities Class Action Services' Top 50 Report, which further illustrates their reliability and capability in representing investors' interests.

What's Next?

For those affected, further details can be accessed through the dedicated link for the class action. It's pivotal to act swiftly as the deadline approaches, ensuring your rights as an investor are preserved. You can also get in touch directly with Joseph E. Levi at the provided email or phone number for personal inquiries.

Conclusion

The opportunity to join this class action suit presents an essential chance for harmed investors of Customers Bancorp to seek justice and recover possible losses incurred due to alleged misconduct. With a reputable law firm leading the charge, investors have a pathway to pursue accountability.

For more information, potential class members are encouraged to follow this link to the class action submission form. The window to act is closing soon, so don’t delay.

For any inquiries, please contact Levi & Korsinsky, LLP directly at:

- Address: 33 Whitehall Street, 17th Floor, New York, NY 10004
- Email: [email protected]
- Phone: (212) 363-7500

Take charge of your investment future today!