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Kaplan Fox Notifies Coastal Financial Corporation (NASDAQ: CCB) Investors of a Securities Class Action Deadline on December 1, 2026

GlobeNewswire Inc.·
Kaplan Fox Notifies Coastal Financial Corporation (NASDAQ: CCB) Investors of a Securities Class Action Deadline on December 1, 2026

Kaplan Fox has filed a securities class action lawsuit against Coastal Financial Corporation on behalf of investors who purchased stock between October 28, 2024 and July 29, 2026. The lawsuit alleges that Coastal made false statements about credit quality and risk management regarding a $500 million CCBX partner loan portfolio. On July 30, 2026, Coastal announced a $42.1 million net loss driven by a $68.8 million credit expense, causing the stock to plummet 43.5% to $39.91 per share. The deadline to move for lead plaintiff status is December 1, 2026.

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