Berger Montague Advises Investors To Inquire About Securities Theft Class Action January 31, 2025 By Investing.com

Philadelphia, Pennsylvania–(Newsfile Corp. – January 12, 2025) – A lawsuit has been filed against Customers Bancorp (NYSE:), Inc. (“Customers Bancorp” or the “Company”) (NYSE: CUBI) . The case was filed on behalf of CUSTOMERS BANCORP securities between March 1, 2024 and August 8, 2024including (“Team Time”).

CLICK HERE LEARNING MORE ABOUT THE LAW.

Investors who bought or acquired BANKEI BANCORP securities during Class Time can, before that JANUARY 31, 2025seek to be appointed as the lead representative of the class plaintiff.

Headquartered in West Reading, PA, Customers Bancorp is a bank holding company.

According to the lawsuit, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Customers Bancorp had inadequate procedures to restrict spending; and (ii) as a result, Customers Bancorp did not comply with its legal obligations, which placed Customers Bancorp at serious regulatory risk.

For more information or to learn how to participate in this case, please contact Berger Montague: Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Peter Hamner at phamner@bm.netor CLICK HERE.

The lead plaintiff is the representative who represents all the members of the class to conduct the case. The lead plaintiff is usually an investor or a small group of investors who have a significant financial interest and who are also equal and common to the proposed class of investors. The lead plaintiff appoints counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to participate in any recovery, however, is not affected by the decision to act as the lead plaintiff. Consulting with any counselor is not necessary to participate or participate in any recovery achieved in this matter. Each member of the proposed class may have the Court act as the lead plaintiff through counsel of his or her choice, or may choose to do nothing and remain an inactive class member.

Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, DC, San Diego, San Francisco and Chicago, has been a pioneer in the security of security groups since it was founded in 1970. decades’ and serves as senior counsel in courts throughout the United States.

Contact:

To view the source version of this release, please visit https://www.newsfilecorp.com/release/236895