Investors invited to join securities class action against Coastal Financial Corporation

Rosen Law Firm is soliciting lead plaintiffs for a securities class action lawsuit against Coastal Financial Corporation (NASDAQ: CCB). The litigation concerns investors who purchased common stock between October 28, 2024, and July 29, 2026. The deadline for potential class members to file motions to be appointed as lead plaintiff is December 1, 2026.

The lawsuit alleges that Coastal Financial Corporation failed to disclose material adverse information during the class period, leading to inflated stock prices. When the company eventually disclosed information regarding its operations, the stock price reportedly declined, causing losses for shareholders who acquired securities during the specified timeframe.

Investors who purchased stock during the window are eligible to seek appointment as lead counsel or participate in the litigation process. The firm notes that individual investors are not required to take action to be part of the class, as the outcome of the litigation will apply to all eligible shareholders.