Shareholders who lost money in shares of acquired Coastal Financial Corporation (NASDAQ: CCB) should contact Wolf Haldenstein Immediately
Globe Newswire•13/10/2026•10:56 ET
0
Key Highlights
- ➤Coastal reported a $42.1 million GAAP net loss in second quarter 2026
- ➤A $68.8 million credit expense drove Coastal’s quarterly loss
- ➤CCBX partner portfolio comprised approximately $500 million, nearly 23% of CCBX loans
- ➤Coastal shares fell $30.75, or 43.5%, to $39.91 on July 30
- ➤Investors’ lead-plaintiff deadline is December 1, 2026
NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP (“Wolf Haldenstein”), a nationally recognized securities litigation law firm, announces that a class action lawsuit has been filed against Coastal Financial Corporation (“Coastal Financial” or the “Company”) (NASDAQ: CCB) on behalf of investors that purchased or otherwise acquired Coastal Financial common stock between October 28, 2024 and July 29, 2026 (the Class Period).
Investors who purchased Coastal Financial shares during the class period and suffered losses may be eligible to participate in the case, with the lead-plaintiff deadline set for December 1, 2026
Get started
Create a free account to read the full story.