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Deadline Alert: Coastal Financial Corporation Investors Have Until December 1, 2026 to Seek Lead Plaintiff Role in Securities Fraud Class Action, Glancy Prongay Wolke & Rotter LLP Reminds Investors
GlobeNewswire Inc.·
Coastal Financial Corporation investors have until December 1, 2026 to seek lead plaintiff status in a securities fraud class action. The lawsuit alleges the company failed to disclose material deterioration in a $500 million CCBX partner loan portfolio (23% of CCBX loans) and inadequate risk management practices. The stock fell 43.52% on July 30, 2026 following disclosure of a $68.8 million credit expense related to a single CCBX partner relationship.
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