A shareholder of Customers Bancorp Inc. has filed a lawsuit, accusing the bank of unsafe banking practices that impacted its stock value. The investor claims that the bank failed to disclose inadequate risk management measures, especially regarding digital assets, in violation of transparency requirements. The class action, led by shareholder Chun Yao Chang, includes investors who purchased securities between March 1 and August 8, 2024. The lawsuit was filed in the US District Court for the Eastern District of Pennsylvania.
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