#United States #New York #Gross Law Firm #Customers Bancorp #CUBI

Join the Class Action Against Customers Bancorp

The Gross Law Firm has issued an important notice for investors in Customers Bancorp, Inc. (NYSE: CUBI), inviting shareholders who purchased shares during a specified class period to join a class action lawsuit. This is a critical opportunity for those who have experienced potential losses due to misleading statements made by the company.

Key Information for Shareholders

If you acquired shares of CUBI between March 1, 2024, and August 8, 2024, you are encouraged to reach out to the Gross Law Firm. The complaint alleges that during this class period, Customers Bancorp allegedly made materially false and misleading statements regarding its business practices. Key allegations include:

1. Inadequate Anti-Money Laundering Practices: Customers Bancorp reportedly failed to maintain sufficient anti-money laundering controls, which raised compliance issues.
2. Regulatory Risks: The lack of adequate practices meant the company was not in compliance with legal obligations, leading to increased regulatory scrutiny.
3. Misleading Operations Statements: The firm's assertions about its operations and business outlook were allegedly inflated and lacked factual basis, misleading investors about the true state of affairs.

Important Deadline

The deadline to register for this class action is January 31, 2025. Shareholders are advised not to delay their registration as participation in this lawsuit could lead to potential recovery for losses incurred due to the alleged misleading statements made by Customers Bancorp.

Next Steps for Interested Shareholders

Once you register, you gain access to a portfolio monitoring service, which helps keep you updated on the latest developments of the case. The Gross Law Firm ensures that there are no costs or obligations associated with joining the lawsuit; however, taking action now is crucial to protect your investment rights.

Why Choose The Gross Law Firm?

The Gross Law Firm is recognized nationally for representing investors in class action lawsuits. Their mission is to advocate for investors who have suffered losses due to deceit, fraud, or unethical business practices. They are dedicated to holding companies accountable to uphold responsible business standards and act in the interests of shareholders.

How to Register

Shareholders interested in registering for the class action can follow this link: Register Here. Don’t miss this opportunity to stand up for your rights as an investor. The firm’s attorneys are available to address any questions or concerns you may have regarding the process.

Additionally, for those who may want to take a more active role, the opportunity exists to seek appointment as a lead plaintiff, though it is not a requirement for recovery.

Contact The Gross Law Firm

For more information about the case or to speak to an attorney, you can contact:
- Address: The Gross Law Firm, 15 West 38th Street, 12th Floor, New York, NY 10018
- Email: info@grosslawfirm.com
- Phone: (646) 453-8903

Final Note

Don't miss out on the January 31, 2025, deadline to join the class action suit. Protect your investments and ensure that your voice is heard in holding corporations accountable for their actions.