Investors Urged to Take Action in Customers Bancorp Class Action Lawsuit

Investors Alerted to Class Action Lawsuit Against Customers Bancorp, Inc.

The DJS Law Group has issued a reminder to shareholders regarding a class action lawsuit against Customers Bancorp, Inc. (NYSE: CUBI). The lawsuit, based on allegations that the company violated securities laws, has raised significant concerns among investors. It focuses on breaches of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as Rule 10b-5 established by the U.S. Securities and Exchange Commission (SEC).

Key Details of the Lawsuit

According to the complaint, Customers Bancorp is accused of making false and misleading statements about its compliance with anti-money laundering (AML) regulations. Shareholders are particularly worried as the company allegedly failed to meet its legal obligations, exposing itself to enhanced regulatory scrutiny. Such allegations, if proven true, can have detrimental impacts on the company’s reputation and financial standing.

Any shareholder who purchased shares of CUBI during the stipulated class period is invited to reach out to the DJS Law Group to explore possible lead plaintiff appointments. Importantly, being appointed as a lead plaintiff is not a prerequisite for participating in any recovery related to the lawsuit.

The Role of DJS Law Group

The DJS Law Group specializes in investor advocacy and has built a solid reputation in handling securities class actions. Their commitment is to ensure that investors receive balanced counseling and robust representation throughout the legal process. With a focus on securities class actions and corporate governance issues, they have successfully represented some of the world's largest hedge funds and alternative asset managers. Their clients’ litigation claims are treated as invaluable assets, and the firm priorities ensure that they demand respect, focus, and results.

What Should Shareholders Do?

Investors who have faced losses due to their involvement with Customers Bancorp are encouraged to contact the DJS Law Group. The firm is ready to assist potential plaintiffs in navigating the complexities of the case and can provide insight into the steps required for participation in the class action. Time is of the essence, given that deadlines for class action participation can be strict.

Conclusion

The ongoing lawsuit against Customers Bancorp emphasizes the importance of vigilance among investors. Shareholders are strongly encouraged to familiarize themselves with the details of the case and seek legal advice if they believe they might have a claim. As the situation evolves, keeping close contact with legal representatives can provide guidance and updated information regarding any developments in the class action.

For inquiries or to discuss your rights, shareholders can contact David J. Schwartz at the DJS Law Group, located at 274 White Plains Road, Suite 1, Eastchester, NY 10709, or call 914-206-9742. As this legal action unfolds, the hope is to bring greater accountability and transparency within the financial practices of Customers Bancorp. Investors should remain informed and proactive as they navigate this significant moment.