Customers Bancorp, Inc. (CUBI) Stock Lawsuit Investigation (2024)
We are investigating whether Customers Bancorp, Inc. (NYSE: CUBI) has violated federal securities laws by providing false or misleading statements to investors. This potential lawsuit seeks to help Customers Bancorp shareholders recover their losses.
Lost Money in Customers Bancorp Stock?
You may be eligible to recover your losses. Get a free and confidential consultation.
(Please provide number of shares, purchase date, and estimated losses.)
Why is Customers Bancorp (NYSE: CUBI) stock dropping?
On Thursday, August 8, 2024, shares of Customers Bancorp plunged after the Federal Reserve Board announced that it had issued an enforcement action with Customers Bancorp and its principal subsidiary, citing “significant deficiencies related to the Bank’s risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering […].
Following this news, Customers Bancorp shares dropped over 14% in intraday trading on Thursday, August 8, 2024, causing significant harm to investors.
Will Joining a Potential Customers Bancorp Class Action Cost Me Anything?
No. Participating with us in a securities class action lawsuit will not cost you anything out of pocket. If a lawsuit is filed and is successful down the line, the court has the discretion to award fair attorney’s fees out of a gross recovery.
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Our Securities Lawyers Have a Winning Record Against Companies Like Customers Bancorp
Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.
You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”
–Eric Gibbs, award-winning securities attorney
Praise from the Courts
Federal judge in our AT&T class action:
“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”
Federal judge in our Chase lawsuit (resulting in $100 million settlement):
They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”
Read more about what judges say about us.
Gibbs Law Group's Financial Fraud Experience
We have fought some of the most complex cases brought under federal and state laws nationwide, and our attorneys have been recognized with numerous awards and honors for their accomplishments, including Top 100 Super Lawyers in Northern California, Top Plaintiff Lawyers in California, The Best Lawyers in America, and rated AV Preeminent (among the highest class of attorneys for professional ethics and legal skills).