#USA #Los Angeles #Schall Law Firm #Securities Fraud #Customers Bancorp

CUBI Investors Have Opportunity to Lead Customers Bancorp Lawsuit

Introduction
A significant opportunity has arisen for investors of Customers Bancorp, Inc. (CUBI) following the recent announcement by the Schall Law Firm, a leading national shareholder rights litigation firm. The firm has indicated that a class action lawsuit is being initiated against Customers Bancorp due to allegations of securities fraud, specifically violations of the Securities Exchange Act of 1934. Investors who acquired shares of Customers Bancorp between March 1, 2024, and August 8, 2024, are being encouraged to come forward and join this legal endeavor.

Background of the Allegations
According to documents from the Schall Law Firm, Customers Bancorp is accused of making false and misleading statements to the market regarding its operational practices. Specifically, the company allegedly failed to uphold adequate anti-money laundering protocols and neglected to meet various legal obligations. These shortcomings have purportedly placed the company at risk of heightened regulatory scrutiny, which, in turn, has adversely affected investor confidence.

When details of these failures emerged, it was reported that investors experienced considerable financial damages. The lawsuit aims to hold Customers Bancorp accountable and provide an avenue for investors to recover losses incurred during the specified period.

Next Steps for Investors
Shareholders who believe they may have suffered losses due to these alleged violations are urged to contact the Schall Law Firm before the deadline of January 31, 2025. The firm is offering complimentary consultations to assess individual cases, ensuring that affected investors understand their rights and options.

It is important to note that the class in this lawsuit has yet to be certified. Until this certification is achieved, individuals who choose not to participate may remain absent class members without representation. However, there is a strong motivation for involved shareholders to take action now to safeguard their interests and pursue justice through this class action lawsuit.

How to Participate
Investors interested in joining the lawsuit can reach out to Brian Schall of the Schall Law Firm at their Los Angeles office. The firm has also made it easy for stakeholders to get in touch via their website or through direct email communication. Ensuring that investors get timely legal advice will be crucial as the litigation process unfolds.

Conclusion
This case signifies a critical moment for CUBI investors, providing a unique chance to engage in rights advocacy through the Schall Law Firm. As the situation develops, those affected by the alleged misrepresentation should stay informed and utilize available legal support to navigate these complex issues effectively. It is a moment that underscores the importance of corporate transparency, accountability, and the rights of investors in the equity market.

For any inquiries or to discuss specific cases, investors should contact the Schall Law Firm directly. The firm specializes in securities class action lawsuits and claims associated with shareholder rights, making them well-equipped to handle these types of legal challenges.

Contact Information
For further assistance, reach out to:

• - Brian Schall, Esq.
• - Phone: 310-301-3335
• - Visit: Schall Law Firm Website
• - Email: [email protected]

This press release may qualify as Attorney Advertising in certain jurisdictions, so investors should consider their options carefully and act promptly.