Gross Law Firm Alerts Customers Bancorp Shareholders to Lawsuit Lead Plaintiff Deadline

Important Notice for Customers Bancorp Shareholders



The Gross Law Firm has issued a crucial reminder to the shareholders of Customers Bancorp, Inc. (NYSE: CUBI). If you bought shares during the specified class period, you could play an important role in a lawsuit related to alleged misleading practices by the company's leadership.

Key Dates and Details


The lead plaintiff deadline for the case is set for January 31, 2025, spanning the class period from March 1, 2024, to August 8, 2024. These dates are critical for any shareholders who may be looking to take part in the legal proceedings.

Allegations Against Customers Bancorp


The lawsuit claims that during this period, defendants associated with Customers Bancorp provided materially false and misleading statements. Specifically, it is alleged that:
  • - The bank did not have adequate anti-money laundering practices in place.
  • - As a consequence, it failed to meet its legal obligations, which heightened its regulatory risk.
  • - Such failures led to misleading claims about the bank's business operations and future prospects.

These claims highlight serious issues concerning transparency and corporate governance at Customers Bancorp, raising questions about investor trust and financial accountability.

Steps for Shareholders


If you are a shareholder who purchased stocks of CUBI during the outlined period, it's highly advised that you register your information. By doing so, you'll not only be recognized in the case but will also gain access to portfolio monitoring software that keeps you updated on the case's progress.

To enroll, shareholders can visit the following link for more details: Register Here.

Remember, taking this step is crucial for anyone looking to make their voice heard in this ongoing legal matter. Participating as a lead plaintiff is not required to seek recovery, and there are no costs associated with registering your interest.

Why Choose The Gross Law Firm?


The Gross Law Firm is well-known nationally as a trusted advocate for investors' rights. Their mission remains unwavering: to safeguard individuals who have faced losses due to fraudulent and illegal corporate conduct.

The firm strives to ensure that companies adhere to good business practices and corporate responsibility. Investors are encouraged to approach The Gross Law Firm for assistance, especially those affected by misleading corporate statements or practices that artificially inflated stock prices.

For any inquiries or to learn more, you can contact The Gross Law Firm directly:
  • - Address: 15 West 38th Street, 12th floor, New York, NY, 10018
  • - Email: info@grossfirm.com
  • - Phone: (646) 453-8903

In today's market, protecting your investments is more critical than ever. Stay informed and act swiftly to ensure your interests are safeguarded as this case unfolds.

Conclusion


As the January 31, 2025 deadline approaches, shareholders must take action. Register soon to be part of this significant legal process and protect your rights as an investor in Customers Bancorp. Control your financial future and stay engaged with the developments pertaining to your investments.

Topics Financial Services & Investing)

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