Customers Bancorp Inc. Class Action

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Wolf Haldenstein Announces Lead Plaintiff Deadline in Customers Bancorp, Inc. Securities Class Action Lawsuit

New York, Dec. 09, 2024 (GLOBE NEWSWIRE)

Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”) announces that a federal securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of persons and entities that purchased or otherwise acquired Customers Bancorp, Inc (“Customers” or the “Company”) (NYSE: CUBI) securities between: March 1, 2024, through August 8, 2024, inclusive (the “Class Period”).

All investors who purchased shares and incurred losses are advised to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774.

Customers Bancorp, Inc. is a bank holding company that provides financial services to individuals and small and medium-sized businesses. The class action lawsuit alleges that Customers made false and misleading statements about its financial status and business prospects during the Class Period, leading to investors suffering losses when the truth was revealed. Wolf Haldenstein is seeking to hold Customers accountable for these alleged violations of the federal securities laws.

Investors who purchased Customers Bancorp, Inc. securities during the Class Period may be able to recover their losses through participation in the class action lawsuit. The lead plaintiff deadline is January 31, 2025.

How Will This Affect Me?

If you purchased Customers Bancorp, Inc. securities between March 1, 2024, and August 8, 2024, and suffered financial losses as a result of alleged false and misleading statements by the Company, you may be eligible to participate in the class action lawsuit. Contacting Wolf Haldenstein immediately can help you understand your legal options and potentially recover your losses.

How Will This Affect the World?

The outcome of the Customers Bancorp, Inc. securities class action lawsuit could have broader implications for the financial industry as a whole. Holding companies accountable for alleged violations of securities laws can help maintain transparency and integrity in the market, protecting investors and promoting trust in the financial system.

Conclusion

Wolf Haldenstein’s announcement of the lead plaintiff deadline in the Customers Bancorp, Inc. securities class action lawsuit highlights the importance of investor protection and accountability in the financial industry. If you believe you may have been affected by the alleged false and misleading statements made by Customers during the Class Period, do not hesitate to reach out to the firm and explore your legal options.

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