Recover Investment Losses: Class Action Initiated Against Coastal Financial Corporation (CCB)
Levi & Korsinsky announced a securities class action filed against Coastal Financial Corporation on behalf of investors in CCB securities. The complaint alleges Coastal concealed deterioration in a CCBX partner loan portfolio of roughly $500 million — nearly 23% of all CCBX loans — and inadequate risk-management controls, covering a class period from October 28, 2024 to July 29, 2026.
Key figures
- Class period
- October 28, 2024 to July 29, 2026
- Cbx partner loan share
- 23%
- Cbx partner loan portfolio
- $500 million
AI analysis
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