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Bronstein, Gewirtz & Grossman LLC Urges Coastal Financial Corporation Investors to Act: Class Action Filed Alleging Investor Harm

GlobeNewswire Inc.·
Bronstein, Gewirtz & Grossman LLC Urges Coastal Financial Corporation Investors to Act: Class Action Filed Alleging Investor Harm

A class action lawsuit has been filed against Coastal Financial Corporation alleging that company executives made false and misleading statements regarding credit quality deterioration in a $500 million partner loan portfolio representing 23% of CCBX loans. The lawsuit covers investors who purchased securities between October 28, 2024 and July 29, 2026. The lead plaintiff deadline is December 1, 2026.

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