Alert for Customers Bancorp Investors
In a significant advisory released on January 2, 2025, The Gross Law Firm alerted shareholders of Customers Bancorp, Inc. (NYSE: CUBI) regarding a crucial deadline approaching on January 31, 2025. This notice is particularly important for those who acquired shares during the class period from March 1, 2024, to August 8, 2024. The firm encourages these investors to engage in discussions about their rights and the potential for recovering losses incurred due to alleged misleading actions by the company.
Class Action Context
During the specified class period, shareholders are alleged to have been subjected to false or misleading statements regarding Customers Bancorp's business practices, notably concerning its anti-money laundering (AML) strategies. According to the warnings issued:
1. The bank reportedly maintained inadequate AML practices.
2. This failure suggests non-compliance with legal obligations, increasing regulatory risks for the company.
3. As a result, statements made by company officials about Customers Bancorp's business operations and future prospects lacked veracity and could mislead investors.
These allegations imply a serious misalignment between the bank's reported activities and its actual operational integrity, which could have directly impacted shareholder value.
Steps for Affected Shareholders
Shareholders who have purchased shares during the specified timeframe and wish to pursue their rights are highly recommended to register promptly. The Gross Law Firm has set up a straightforward class action mechanism allowing investors to register for participation in the class action. Completing this registration does not obligate investors in any financial regard, and there are no associated fees to enroll.
Upon registration, investors will receive status updates throughout the legal proceedings, ensuring they stay informed about the progress of the case. This proactive engagement with the legal process is vital for potentially reclaiming losses linked to the misleading practices alleged against Customers Bancorp.
Why Choose The Gross Law Firm?
The Gross Law Firm stands out as a nationally recognized class action firm, committed to safeguarding the interests of investors affected by fraudulent practices. Their mission underscores the importance of corporate transparency and accountability. Their history of taking on corporations for deceptive practices underlines their dedication to advocating for investors who encounter losses due to misinformation.
In light of the current situation, shareholders are reminded that they should not hesitate to act. January 31, 2025, is the cut-off date for taking initial steps in this legal context. Now is the time to consult with The Gross Law Firm if you feel your rights as an investor in Customers Bancorp are compromised.
For more detailed information and to register your involvement in this case, you can visit the following link:
Customers Bancorp Registration.
Contact Information
For further inquiries, shareholders can reach out directly to:
15 West 38th Street, 12th Floor
New York, NY 10018
Phone: (646) 453-8903
Email:
[email protected]
In conclusion, if you are a shareholder of Customers Bancorp, this notice serves as a critical reminder to protect your investment and stay informed about your rights as the legal landscape evolves. Don’t miss out on the opportunity to act before the January deadline!