Customers Bancorp, Inc.
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
On August 8, 2024, during market hours, the Federal Reserve Board of Governors announced an enforcement action involving Customers Bancorp, Inc. and Customers Bank. Accompanying the announcement was a written agreement between the Federal Reserve Bank of Philadelphia, Customers Bancorp, and Customers Bank. The agreement highlighted that recent examinations and inspections revealed significant deficiencies in the bank’s risk management practices and compliance with laws and regulations related to anti-money laundering (AML), including the Bank Secrecy Act and relevant Treasury regulations, as well as AML requirements under Regulation H of the Federal Reserve System and the Office of Foreign Assets Control regulations.
