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NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Rosen Law Firm, a leading securities law firm, continues to investigate Customers Bancorp, Inc. (NYSE: CUBI) for possible violations of the federal securities laws. If you purchased Customers Bancorp securities, you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=28067 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. What is this about: 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 [. . .] identified significant deficiencies related to the Bank's risk management practices and compliance with the applicable laws, rules, and regulations relating to anti-money laundering ("AML"), including the Bank Secrecy Act [. . .], including the rules and regulations issued thereunder by the U.S. Department of the Treasury [. . .], and the AML requirements of Regulation H of the Board of Governors [of the Federal Reserve System] [. . .]; and the regulations issued by the Office of Foreign Assets Control of the United States Department of the Treasury[.]" On this news, Customers Bancorp's common stock fell 13.3% on August 8, 2024 . Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free : (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/cubi-investor-news-customers-bancorp-inc-investors-that-suffered-losses-are-encouraged-to-contact-rlf-about-ongoing-investigation-into-the-company-nyse-cubi-302314946.html SOURCE THE ROSEN LAW FIRM, P. A.

DES MOINES, Iowa (AP) — Bennett Stirtz scored 20 points as Drake beat Belmont 65-46 on Sunday night. Stirtz added three steals for the Bulldogs (12-0, 2-0 Missouri Valley Conference). Daniel Abreu scored 15 points while shooting 5 for 11, including 3 for 9 from beyond the arc and added five rebounds. Mitch Mascari had nine points and shot 3 for 7, including 3 for 6 from beyond the arc. The Bulldogs prolonged their winning streak to 12 games. Sam Orme led the Bruins (9-4, 1-1) in scoring, finishing with 11 points. Brody Peebles added 10 points for Belmont. Jonathan Pierre had nine points. Drake took the lead with 10:21 left in the first half and never looked back. Stirtz led their team in scoring with 13 points in the first half to help put them up 39-21 at the break. Drake outscored Belmont in the second half by one point, with Abreu scoring a team-high eight points after intermission. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

Maryland sues maker of Gore-Tex over pollution from toxic 'forever chemicals'