Customers Bancorp Investors Encouraged to Join Class Action Lawsuit Over Alleged Fraud
On January 24, 2025, legal firm Levi & Korsinsky, LLP made an urgent announcement concerning a class action lawsuit for investors of Customers Bancorp, Inc. (CUBI), who suffered financial losses. The lawsuit addresses securities fraud allegations that transpired between March 1, 2024, and August 8, 2024. The firm informs affected investors that time is of the essence, as they have until January 31, 2025, to request to be appointed as lead plaintiffs.
Understanding the Class Action
The essence of the class action aims to recoup losses for investors who purchased shares during the stated period and were adversely affected by misleading information disseminated by the company's leadership. Key allegations include that Customers Bancorp had insufficient anti-money laundering measures, which placed the institution at a heightened risk of regulatory scrutiny and disgrace.
In the filed complaint, it was asserted that certain company statements regarding its operational health and future prospects failed to reflect the true circumstances, thereby misleading investors. Stakeholders are encouraged to engage with Levi & Korsinsky to gather more information on their potential involvement in this opportunity.
Legal Support and Representation
Joseph E. Levi, Esq., one of the partners at Levi & Korsinsky, invites potential class members to contact his office via email or telephone. The firm's dedication to securing justice for investors facing securities fraud is evident, given their strong track record spanning two decades. They have been recognized consistently by ISS Securities Class Action Services as one of the leading firms in the United States for handling such litigations.
No Financial Burden for Class Members
Importantly, Levi & Korsinsky reassures aggrieved shareholders that participating in this class action incurs no financial risks; there are no out-of-pocket costs or legal fees required from class members. This commitment to providing access to justice enhances their appeal, ensuring that all affected investors can pursue their claims without the stress of upfront expenses.
For those who experienced losses in Customers Bancorp during the designated timeframe, engaging with this lawsuit can be a crucial step toward potential financial recovery. Investors can utilize a dedicated link to submit their information securely or opt to reach out directly for personalized assistance.
Conclusion
As investors navigate the aftermath of trading fluctuations and potential fraud, proactive engagement in class action suits like that from Levi & Korsinsky can significantly impact recovering lost investments. This is a call to action for those affected by the situation at Customers Bancorp to seek the justice they deserve, and Levi & Korsinsky appears to be the trusted partner in this endeavor.