Rosen Law Firm Announces Lead Plaintiff Deadline in Coastal Financial Corporation Securities Fraud Lawsuit
Rosen Law Firm has issued a notice to investors of Coastal Financial Corporation (NASDAQ: CCB) regarding a class action lawsuit involving alleged securities fraud. The litigation claims that during the period between October 28, 2024, and July 29, 2026, the company made materially false and misleading statements concerning credit risks associated with its CCBX business. Specifically, the lawsuit alleges that Coastal Financial misrepresented its exposure to credit losses and the effectiveness of its contractual indemnification protections. Investors who purchased common stock during this class period may be entitled to compensation if they move the court to serve as lead plaintiffs by the December 1, 2026, deadline.