Investors Urged to Join Lawsuit Against Customers Bancorp by Levi & Korsinsky

Join the Class Action Against Customers Bancorp, Inc.

Levi & Korsinsky, LLP is calling on investors of Customers Bancorp, Inc. (NYSE: CUBI) to join a class action lawsuit. This legal pursuit is in response to allegations of securities fraud that transpired between March 1, 2024, and August 8, 2024. Investors who believe they have suffered losses during this period are strongly encouraged to consider participation in this important case.

Details of the Class Action

The lawsuit aims to recover financial losses incurred by investors due to purportedly false statements and concealed facts made by the defendants. Specifically, the allegations point to inadequate anti-money laundering practices within Customers Bancorp that exposed the company to significant regulatory risks. Furthermore, the claims suggest that the company's public statements regarding its business operations and future prospects were misleading or fundamentally flawed.

Important Deadlines

If you are a current or former investor in Customers Bancorp and believe you may have been adversely affected by these issues, you must act promptly. The deadline to apply to be designated as lead plaintiff in this lawsuit is January 31, 2025. It’s crucial to understand that participating in the class action does not require you to be a lead plaintiff in order to recover from any potential settlement.

No Financial Risk for Participants

One of the most appealing aspects of this class action is that there is no financial burden on the participants. If you qualify as a class member, you may be entitled to compensation for your losses without needing to cover any out-of-pocket expenses. Levi & Korsinsky emphasizes that there is no cost, obligation, or risk associated with joining the class action—making it accessible for all impacted investors.

Why Choose Levi & Korsinsky?

With over 20 years of experience in handling securities litigation, Levi & Korsinsky has built a commendable reputation in advocating for investors. The firm has successfully secured hundreds of millions of dollars for clients and has been included in the ISS Securities Class Action Services' top rankings repeatedly over the years. Their experienced team, consisting of over 70 dedicated professionals, is committed to providing optimal representation for their clients.

Get In Touch

Investors interested in joining the lawsuit can fill out a submission form found at Levi & Korsinsky's website. Alternatively, they can reach out directly to attorney Joseph E. Levi via email at [email protected] or by phone at (212) 363-7500 for more detailed information about the class action and related inquiries.

With the final date for action rapidly approaching, it's vital for affected investors to consider their options and engage with counsel who can assist them in protecting their financial interests. Don't miss out on this opportunity to possibly reclaim your losses with the support of an established legal team.

Conclusion

This class action lawsuit represents a significant opportunity for Customers Bancorp investors to seek justice for their financial losses. Levi & Korsinsky stands ready to assist you through this process and ensure your rights are effectively represented in court. Time is of the essence—take action before the January 31, 2025, deadline passes.