If you’re a shareholder in Customers Bancorp, Inc. (NYSE: CUBI) and bought in before March 1, 2024, there’s some news you should be paying attention to. Renowned securities law firm Bronstein, Gewirtz & Grossman, LLC has launched an investigation into the company, citing potential corporate misconduct.
And yes, they’re urging long-term investors to step forward and learn more.
The investigation centers on whether Customers Bancorp, along with certain officers or directors, may have violated federal securities laws or engaged in other forms of corporate wrongdoing.
While the specific concerns haven’t been made public yet, these kinds of probes often relate to financial misstatements, mismanagement, or other internal decisions that could have misled investors or negatively impacted stock performance.
If you’re still holding CUBI stock and feel like something hasn’t added up lately, this could be your chance to get clarity and possibly justice.
Participating in the investigation is free, and the law firm is collecting information from affected shareholders to assess the full scope of any misconduct.
Customers Bancorp has made a name for itself in the regional banking space with a mix of digital-first services and commercial lending solutions. But as we’ve seen in recent years, even strong market players can come under fire if transparency and accountability fall short.
For investors, this could be a big deal. If you’ve been noticing underperformance in your portfolio or wondering why your CUBI shares have lagged behind expectations, this legal development could help explain some of it and may offer an opportunity to pursue financial recovery, depending on the investigation’s outcome.
This isn’t an official lawsuit, yet. But it’s a red flag that shouldn’t be ignored.
If the investigation confirms wrongdoing, it could lead to a class-action suit or other legal remedies aimed at recovering investor losses.