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 defendants made false and misleading statements about credit quality deterioration in a $500 million partner loan portfolio representing 23% of CCBX loans. The lawsuit claims this exposed the company to significant losses despite purported credit protections. Investors who purchased Coastal securities between October 28, 2024 and July 29, 2026 are encouraged to join the case, with a lead plaintiff deadline of December 1, 2026.