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Bragar Eagel & Squire, P.C. Urges Coastal Financial Corporation Investors to Contact the Firm Before December 1st Seeking Lead Plaintiff Role
GlobeNewswire Inc.·
A class action lawsuit has been filed against Coastal Financial Corporation for allegedly making materially false and misleading statements about its CCBX business growth and credit quality. The complaint alleges that Coastal failed to disclose that approximately $500 million in CCBX partner loans (23% of CCBX loans) had materially deteriorated, exposing the company to significant losses. Investors who purchased Coastal stock between October 28, 2024 and July 29, 2026 have until December 1, 2026 to apply as lead plaintiff.
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