#United States #New York #Levi & Korsinsky #Securities Fraud #Customers Bancorp

Customers Bancorp Shareholders Urged to Act Before January 2025

In light of a recent class action lawsuit, shareholders of Customers Bancorp, Inc. (ticker: CUBI) are strongly advised to contact the law firm of Levi & Korsinsky, LLP by January 31, 2025. The lawsuit involves allegations of securities fraud that could have significant implications for investors.

Class Action Lawsuit Overview

According to the notice from Levi & Korsinsky, the class action lawsuit is directed toward individuals or entities that held shares in Customers Bancorp during the period from March 1, 2024, to August 8, 2024. This legal action aims to recover losses suffered by shareholders due to misrepresentations regarding the company's compliance and operational practices. The firm has established a dedicated link for affected investors to learn more and submit their information for follow-up: Class Action Submission.

Key Allegations

The allegations present key concerns about Customers Bancorp's anti-money laundering practices. Notably, the lawsuit claims that the company failed to maintain adequate compliance measures which could have exposed it to heightened regulatory risks. Furthermore, these oversights culminated in false and misleading statements about the company’s overall business, operations, and future prospects.

What Investors Should Know

Investors who believe they may have incurred losses during the specified time frame should consider taking action as soon as possible. By reaching out to Levi & Korsinsky, shareholders can find out if they qualify to be appointed as lead plaintiffs in the case. Importantly, investors do not need to take on the role of lead plaintiff to benefit from any potential recovery from the lawsuit, should they choose to participate.

No Financial Obligation

Levi & Korsinsky assures investors that participation in this class action is at no cost to them. Should members of the affected class secure financial compensation, they will not incur any out-of-pocket expenses or fees for legal services related to this case. The team at Levi & Korsinsky emphasizes transparency and ensures that all class members understand their rights without any obligations.

Why Choose Levi & Korsinsky?

Levi & Korsinsky has a proven track record, having secured hundreds of millions of dollars for aggrieved shareholders over the past two decades. The firm specializes in complex securities litigation, supported by a dedicated team of over 70 professionals committed to advocating for their clients. Recognized in ISS Securities Class Action Services' Top 50 Report, Levi & Korsinsky is a reputable name in the field of securities litigation.

Contact Information

Shareholders seeking more information should reach out directly to:

• - Levi & Korsinsky, LLP
• - Contact: Joseph E. Levi, Esq. or Ed Korsinsky, Esq.
• - Address: 33 Whitehall Street, 17th Floor, New York, NY 10004
• - Phone: (212) 363-7500
• - Email: email protected]

Visit the firm’s website at [www.zlk.com for further details.

As the January 31 deadline approaches, Customers Bancorp shareholders are urged to stay informed and potentially recover losses through this class action lawsuit. The time to act is now!