Levi & Korsinsky Commences Investigation into Customers Bancorp, Inc.

Investigation Details

New York, NY / ACCESSWIRE / November 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Customers Bancorp, Inc. (“Customers Bancorp, Inc.”) (NYSE:CUBI) concerning possible violations of federal securities laws. Customers Bancorp revealed via an SEC filing on April 12, 2024, that Executive Vice President and Chief Financial Officer (“CFO”), Carla Leibold, “was notified of her termination from employment with the Company on April 10, 2024, for ’cause’ under her employment agreement for violating Company policy, which termination was effective immediately.”

Investigation Scope

Levi & Korsinsky is investigating whether Customers Bancorp, Inc. and its executives breached their fiduciary duties to shareholders by potentially violating federal securities laws. The sudden termination of the CFO has raised concerns among investors and the market at large.

Impact on Investors

As an investor in Customers Bancorp, Inc., this investigation may have implications on the company’s stock price and overall financial performance. It is important to stay informed about the developments of this investigation and consider how it may affect your investment portfolio.

Global Implications

The investigation into Customers Bancorp, Inc. could also have broader implications for the financial industry and markets worldwide. It highlights the importance of corporate governance and transparency in maintaining investor trust and market stability.

Conclusion

In conclusion, the investigation into Customers Bancorp, Inc. by Levi & Korsinsky raises questions about the company’s adherence to regulatory standards and corporate governance practices. As investors, it is crucial to monitor the developments of this investigation and consider its potential impact on financial markets both domestically and globally.