Public case informationLast updated

Coastal Financial Securities Fraud Class Action Investigation

Coastal Financial · Coastal Financial securities and CCBX banking-as-a-service partner relationships · Other

About this case

Bleichmar Fonti & Auld LLP is investigating whether Coastal Financial misled investors about the financial performance and credit quality of its CCBX banking-as-a-service partner relationships. The investigation follows the company's disclosure of a $42.1 million quarterly net loss and a 43.5% stock-price decline; the procedural stage is not specified.

Case overview

Defendant company
Coastal Financial
Product or service
Coastal Financial securities and CCBX banking-as-a-service partner relationships
Case status
Other
Lawsuit type
Securities
Reported harm
Misrepresentation

Participation information

Coastal Financial Investor Information Submission

Investors in Coastal Financial securities are invited to submit their information to Bleichmar Fonti & Auld LLP regarding the investigation.

Submit information to Bleichmar Fonti & Auld LLP through the firm’s case page.

Type
Law Firm Signup
Reported proof requirement
Unclear

Sources