New York, New York–(Newsfile Corp. – January 4, 2025) – FOR WHAT: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Customers Bancorp, Inc. (NYSE:NYSE:) between March 1, 2024 and August 8, 2024, both dates inclusive ( the “Class Period”), Deadline January 31, 2025 for principal applicant in the securities class action filed for the first time by the Firm.
AND THEN: If you purchased Customers Bancorp securities during the Class Period, you may be entitled to compensation without payment of any fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: 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 class action information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the court no later than January 31, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified advisors with a proven track record in leadership roles. Often, companies issuing reviews do not have significant experience, resources, or peer recognition. Many of these firms do not actually defend securities class actions, but are simply intermediaries who refer clients or partner with law firms that actually litigate the cases. Be careful when choosing a lawyer. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. The Rosen Law Firm obtained the largest securities class action settlement against a Chinese company at the time. Rosen Law Firm Ranked #1 by ISS Securities Class Action (WA:) Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Customers Bancorp had anti-money laundering practices inadequate; (2) as a result, it failed to comply with its legal obligations, which subjected it to increased regulatory risk; and (3) as a result, Defendants’ statements regarding Customers Bancorp’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times. When the true details were leaked to the market, the lawsuit claims, investors suffered damages.
To join the Customers Bancorp class action, go to https://rosenlegal.com/submit-form/?case_id=28067 and call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for class action information.
No classes have been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent member of the group and do nothing at this point. An investor’s ability to participate in any potential future recovery is not dependent on its status as lead plaintiff.
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