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SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of December 1, 2026 in Coastal Financial Corporation Lawsuit - CCB

GlobeNewswire Inc.·
SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of December 1, 2026 in Coastal Financial Corporation Lawsuit - CCB

A securities class action has been filed against Coastal Financial Corporation (CCB) alleging inadequate risk monitoring at its CCBX banking-as-a-service unit. The lawsuit claims the company failed to disclose deterioration in a partner's $500 million loan portfolio, resulting in a $68.8 million credit expense, a $42.1 million net loss, and a 43.5% stock decline. The lead plaintiff deadline is December 1, 2026.

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