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CCB Class Action Reminder - Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Coastal Financial Corporation Class Action Lawsuit

GlobeNewswire Inc.·
CCB Class Action Reminder - Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Coastal Financial Corporation Class Action Lawsuit

Robbins LLP is reminding investors of the lead plaintiff deadline in a class action lawsuit against Coastal Financial Corporation (NASDAQ: CCB). The lawsuit alleges that Coastal misled investors about its business prospects and risk management practices, particularly regarding the credit quality of its CCBX partner loan portfolio worth approximately $500 million. On July 30, 2026, Coastal announced a surprise $42.1 million net loss driven by a $68.8 million credit expense related to a single CCBX partner, causing the stock to fall $30.75 per share and erasing approximately $470 million in market capitalization.

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