#USA #New York #Securities Fraud #Rosen Law Firm #Customers Bancorp

CUBI Investors Encouraged to Join Securities Fraud Class Action

The Rosen Law Firm has brought to the attention of investors in Customers Bancorp, Inc. (NYSE: CUBI) an opportunity to participate in a securities fraud class action lawsuit. The legal firm emphasizes the importance of the upcoming deadline for lead plaintiffs, which is set for January 31, 2025. This lawsuit covers all investors who purchased securities between March 1, 2024, and August 8, 2024, inclusive. If you are a part of this class period and have faced losses associated with Customers Bancorp, you are potentially eligible for compensation under a contingency fee agreement, meaning you do not need to pay any fees upfront.

Why Should Investors Join?

Underlining the urgency, the Rosen Law Firm states that affected individuals can join the class action easily through their official website or by reaching out directly via phone or email. The firm points out that a lead plaintiff will represent other class members during the litigation, acting on their behalf to guide and assert their interests effectively.

Rosen Law Firm has built a reputation for its excellence in handling securities class actions, having previously secured the largest-ever settlement against a Chinese company for such matters. Their expertise is supported by numerous accolades, including being ranked as a leading firm in securities class action settlements by ISS Securities Class Action Services.

Case Details

The lawsuit asserts that during the class period, Customers Bancorp made misleading statements and did not disclose critical information regarding its operational integrity. Specifically, the allegations state that Customers Bancorp lacked adequate anti-money laundering practices, leading to significant regulatory risks that were not communicated to investors, thus influencing their investment decisions profoundly. Once the accurate details regarding the company’s practices became public, it is claimed that investors incurred notable financial damages.

Steps for Interested Investors

To ensure your voice is heard, investors can join the Customers Bancorp class action by visiting Rosen Law Firm's website or directly contacting attorney Phillip Kim at 866-767-3653. If you wish to take on the role of lead plaintiff, it is critical to file your motion with the court by the January deadline. It should be noted that no class has yet been certified, meaning that until this happens, investors are not automatically represented and should consider retaining their own legal counsel if they choose.

Selecting the Right Legal Representation

Choosing experienced legal counsel is essential for investors seeking to protect their rights and recover potential losses. The Rosen Law Firm has extensive resources and a successful history, making them an ideal choice for those affected by this situation. They help ensure that investors’ interests are represented with expertise, which is crucial in complex securities matters.

Follow Along for Updates

Investors interested in staying updated on the lawsuit and other pertinent information are encouraged to follow the Rosen Law Firm on social media platforms such as LinkedIn and Twitter. Doing so can provide timely updates regarding the lawsuit and what steps class members should take moving forward.

In conclusion, if you are among those impacted by the securities practices at Customers Bancorp, don’t miss this opportunity to join a collective action aimed at obtaining justice and compensation. Your participation can help not only secure your financial interests but also hold the company accountable for its actions.