Cubi Investor Alert: Bronstein, Gewirtz & Grossman LLC Announces Customer Notice
A class action lawsuit has been filed against Customers Bancorp, Inc. for alleged violations of federal securities laws. The lawsuit claims that Customers Bancorp made false and misleading statements regarding its financial performance, causing harm to investors.
The lawsuit alleges that Customers Bancorp failed to disclose important information about its loan portfolio and financial health, leading investors to believe the company was in better shape than it actually was. As a result, when the truth was revealed, Customers Bancorp’s stock price dropped significantly, causing financial losses to shareholders.
Customers Bancorp has denied these allegations and stated that it will vigorously defend itself in court. The company maintains that it has always been transparent in its financial reporting and has acted in the best interests of its shareholders.
Investors who believe they may have been affected by the alleged misconduct are encouraged to contact a securities attorney to discuss their legal options. It is important for investors to stay informed about their rights and take action if they believe they have been harmed by misleading or fraudulent practices in the securities market.
