ROSEN, ACTING PARENT COUNSEL, Recommends Bancorp, Inc. Clients Hedging Advice Before It Matters January 31 Deadline for Security Group Action is Due By Investing.com

New York, New York–(Newsfile Corp. – January 23, 2025) – WHY: The Rosen Law Firm, a global investment rights law firm, is reminding clients of the Securities Bancorp, Inc. (NYSE: NYSE: ) between March 1, 2024 and August 8, 2024, both dates inclusive (the “Class Period”), of the January 31, 2025 is the time to lead the plaintiff in the securities class action previously filed by the Firm.

NOW: If you purchased Customers Bancorp securities during the Group period you may be entitled to compensation without paying out-of-pocket fees or expenses through the contingency fee arrangement.

WHAT YOU NEED TO DO: To join the Customers Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=28067 or call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action. A class action lawsuit has been filed. If you wish to act as the lead plaintiff, you must remove the Court before 31 January 2025. The lead plaintiff is the party representing the other members of the class to conduct the case.

WHY ROSEN LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Oftentimes, the companies that issue the notices don’t have the experience, the resources, or any meaningful peer recognition. Most of these firms do not litigate securities class actions, but are simply brokers who refer clients or partner with law firms that litigate the cases. Be smart when choosing advice. The Rosen Law Firm represents investors worldwide, focusing its practice on securities class actions and shareholder litigation. The Rosen Law Firm has reached the largest settlement of a class action against a Chinese Company at that time. Rosen Law Firm is ranked No. 1 by ISS Securities Group Action (WA:) Services in the number of securities class settlements in 2017. The firm has been ranked 4th every year since 2013 and has secured hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by Law360 as a Titan of Plaintiffs’ Bar. Most of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.

FACTS OF THE CASE: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Customers Bancorp had inadequate procedures to prevent spending; (2) as a result, it did not comply with its legal obligations, which posed a high regulatory risk; and (3) as a result, the defendants’ statements about Customers Bancorp’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all times. When the real facts entered the market, the lawsuit alleges that investors were harmed.

To join the Customers Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=28067 call Phillip Kim, Esq. toll free at 866-767-3653 or email case@rosenlegal.com for information about a class action.

No Group Guaranteed. Until the group is confirmed, you are not represented by a counselor unless you have reserved one. You can choose a consultant of your choice. You can remain a member of the missing group and do nothing at this point. The investor’s ability to contribute to future recovery does not depend on serving as the primary plaintiff.

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Advertising Attorney. Preliminary results do not guarantee a similar outcome.

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