COASTAL FINANCIAL INVESTOR ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Coastal Financial Corporation and Encourages Investors to Contact the Firm

A class action lawsuit has been filed against Coastal Financial Corporation (NASDAQ: CCB) in the U.S. District Court for the Western District of Washington. The complaint alleges that Coastal made materially false and misleading statements about its CCBX business growth and credit quality during the period from October 28, 2024 to July 29, 2026. The company allegedly failed to disclose that approximately $500 million in CCBX partner loans (23% of CCBX loans) had significantly deteriorated in credit quality, exposing Coastal to substantial losses. Investors who purchased shares during this period can contact the law firm or apply to be lead plaintiff by December 1, 2026.