Important Notice for Customers Bancorp Investors: Deadline Approaching

Author: Dylan Bailey Updated: 01-21-2025 10:58 AM

Key Deadline for Customers Bancorp, Inc. Investors

NEW YORK -- Bernstein Liebhard LLP is reminding Customers Bancorp, Inc. (NYSE: CUBI) investors about an important deadline related to a securities fraud class action lawsuit that has been initiated against the Company.

Eligibility to Participate

Did you, or have you ever owned shares in Customers Bancorp, Inc.? If your investment falls between March 1, 2024, and August 8, 2024, there are critical details you should be aware of regarding your rights and potential compensation.

Understanding Your Rights

The class action lawsuit claims that Customers Bancorp misrepresented its anti-money laundering practices. This led to increased risks and potential damages for investors. If you purchased or acquired shares during the stated period, you should consider your legal rights and options.

How to Get Involved

If you believe you are eligible and wish to represent the class as the lead plaintiff, the deadline to submit your application is nearing. Make sure to file the necessary paperwork by January 31, 2025. Acting as a lead plaintiff means you would represent other investors in this lawsuit, but you do not need to take this step to benefit from any potential recovery.

Contingency Representation

It’s important to note that representation in this lawsuit is based on a contingency fee structure, meaning no upfront costs are required from shareholders. You won’t incur any fees unless there is a recovery.

Bernstein Liebhard LLP: A Trusted Name

With a history of recovering over $3.5 billion for its clients since 1993, Bernstein Liebhard LLP has achieved significant success in litigating class actions for both individual and larger institutional investors. Their experience positions them as a strong ally for those involved in this case against Customers Bancorp, Inc.

Contact Information

If you wish to discuss your rights or have questions regarding this matter, reach out to Investor Relations Manager Peter Allocco at (212) 951-2030 or via email at pallocco@bernlieb.com. They offer resources to help investors navigate their involvement in this legal action against Customers Bancorp.

Frequently Asked Questions

What is the deadline for filing as a lead plaintiff?

The deadline to file is January 31, 2025.

What is the basis of the lawsuit against Customers Bancorp, Inc.?

The lawsuit alleges that the Company misrepresented its anti-money laundering practices, leading to significant risks for investors.

Do I have to be the lead plaintiff to recover damages?

No, you do not have to be the lead plaintiff to share in any potential recovery.

Is there any cost to participate in the lawsuit?

No, representation is on a contingency fee basis, meaning no fees unless there is a successful recovery.

How can I get in touch for more information?

You can contact the Investor Relations Manager Peter Allocco at (212) 951-2030 or email at pallocco@bernlieb.com for any inquiries.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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