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INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Coastal Financial Corporation of Class Action Lawsuit and Upcoming Deadlines – CCB
GlobeNewswire Inc.·
Pomerantz Law Firm has filed a class action lawsuit against Coastal Financial Corporation (CCB) for alleged securities fraud. The lawsuit stems from Coastal's July 30, 2026 earnings announcement, which revealed a surprise $42.1 million GAAP net loss driven by a $68.8 million credit expense related to a CCBX partner relationship involving approximately $500 million in underlying loans. The disclosure triggered a 43.5% stock price decline. Investors have until December 1, 2026 to request Lead Plaintiff status.
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