NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, continues to investigate Customers Bancorp, Inc. (NYSE: CUBI) for potential violations of the federal securities laws.
If you invested in Customers Bancorp, you are encouraged to obtain additional information by visiting https://rosenlegal.com/case/customers-bancorp-inc/.
Why Did Customers Bancorp’s Stock Drop?
On August 8, 2024, during market hours, the Federal Reserve Board of Governors issued an announcement entitled “Federal Reserve Board issues enforcement action with Customers Bancorp, Inc. and Customers Bank.” Attached to the announcement was a written agreement between the Federal Reserve Bank of Philadelphia, Customers Bancorp, Inc., and Customers Bank. The agreement stated “the most recent examinations and inspection of [Customers Bancorp and Customers Bank] conducted by the Federal Reserve Bank of Philadelphia [. ….


