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Customers Bancorp, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before January 31, 2025 to Discuss Your Rights - CUBI

1. CUBI faces a class action for false statements regarding compliance. 2. Allegations include inadequate anti-money laundering practices impacting regulatory status. 3. Class period is from March 2024 to August 2024, with a lead plaintiff deadline in January 2025.

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FAQ

Why Bearish?

The allegations of non-compliance and misleading statements can undermine investor confidence.

How important is it?

The outcome of the lawsuit could significantly affect CUBI’s stock price and investor sentiment.

Why Short Term?

Immediate market reaction is likely due to the negative news about compliance issues.

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CUBI
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Customers Bancorp, Inc. (NYSE: CUBI). Shareholders who purchased shares of CUBI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/customers-bancorp-inc-loss-submission-form/?id=121985&from=4 CLASS PERIOD: March 1, 2024 to August 8, 2024 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Customers Bancorp had inadequate anti-money laundering practices; (2) as a result, it was not in compliance with its legal obligations, which subjected it to heightened regulatory risk; and (3) as a result, defendants' statements about Customers Bancorp's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. DEADLINE: January 31, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/customers-bancorp-inc-loss-submission-form/?id=121985&from=4 NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CUBI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is January 31, 2025. There is no cost or obligation to you to participate in this case. WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT:The Gross Law Firm15 West 38th Street, 12th floorNew York, NY, 10018Email: [email protected]Phone: (646) 453-8903 SOURCE The Gross Law Firm WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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