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INVESTOR DEADLINE: Coastal Financial Corporation Investors (CCB) with Substantial Losses May Seek to Lead Class Action Lawsuit Before December 1, 2026 Deadline - RGRD Law
GlobeNewswire Inc.·
Coastal Financial Corporation faces a securities class action lawsuit alleging that executives made false statements about credit quality in its CCBX banking-as-a-service segment. The company reported a surprise $42.1 million net loss in Q2 2026, driven by a $68.8 million credit expense related to a $500 million partner loan portfolio that had materially deteriorated. The stock price fell over 43% following the disclosure. Investors with substantial losses can seek appointment as lead plaintiff by December 1, 2026.
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