{"id":48553,"date":"2026-07-31T03:19:00","date_gmt":"2026-07-31T01:19:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=8e32f664e956a968a8858b885a800c22"},"modified":"2026-07-31T03:19:00","modified_gmt":"2026-07-31T01:19:00","slug":"securities-fraud-investigation-into-coastal-financial-corporation-ccb-announced-shareholders-who-lost-money-urged-to-contact-glancy-prongay-wolke-rotter-llp-a-leading-securitie","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=48553","title":{"rendered":"Securities Fraud Investigation Into Coastal Financial Corporation (CCB) Announced \u2013 Shareholders Who Lost Money Urged To Contact\u00a0Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm"},"content":{"rendered":"

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP<\/a>, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Coastal Financial Corporation (\u201cCoastal\u201d or the \u201cCompany\u201d) (NASDAQ: CCB<\/a>) investors concerning the Company\u2019s possible violations of the federal securities laws.<\/p><\/a><\/a>

IF YOU ARE AN INVESTOR WHO LOST MONEY ON COASTAL FINANCIAL CORPORATION (CCB), CLICK <\/b>HERE<\/b><\/a> TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.<\/b><\/p>

What Happened?<\/b><\/p>

On July 30, 2026, Coastal announced second quarter 2026 financial results, including a net loss of $42.1 million, or $(2.76) per diluted common share<\/b><\/i> for the quarter, compared to net income of $12.0 million, or $0.78 per diluted common share in the prior quarter. The Company stated the \u201cnet loss is primarily attributable to a $68.8 million credit expense related to a single, isolated CCBX partner relationship<\/b><\/i>.\u201d<\/p>

On this news, shares of the Coastal fell as much as $30.30 or 42.88%, per share during intraday trading on July 30, 2026, thereby injuring investors.<\/p>

Contact Us To Participate or Learn More:<\/b>If you wish to\u202flearn more\u202fabout this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.Charles Linehan, Esq.,Glancy Prongay Wolke & Rotter LLP,1925 Century Park East, Suite 2100,Los Angeles California 90067Email: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150 (Toll-Free: 888-773-9224)Visit our website at www.glancylaw.com<\/a>.Follow us for updates on LinkedIn<\/a>, Twitter<\/a>, or Facebook<\/a>.<\/p>

Whistleblower Notice<\/b><\/p>

Persons with non-public information regarding Coastal Financial Corporation should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com<\/a>.<\/p>

About Glancy Prongay Wolke & Rotter LLP<\/b><\/p>

Glancy Prongay Wolke & Rotter LLP (\u201cGPWR\u201d) is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPWR has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPWR was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.<\/p>

With four offices across the country, GPWR\u2019s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPWR\u2019s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR\u2019s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal<\/i>, The Financial Times<\/i>, Bloomberg Businessweek<\/i>, Reuters<\/i>, the Associated Press<\/i>, Barron\u2019s<\/i>, Investor\u2019s Business Daily<\/i>, Forbes<\/i>, and Money<\/i>.<\/p>

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p> Contacts<\/b>

Glancy Prongay Wolke & Rotter LLP,1925 Century Park East, Suite 2100,Los Angeles, CA 90067Charles Linehan<\/b>Email: shareholders@glancylaw.com<\/a>Telephone: 310-201-9150Toll-Free: 888-773-9224Visit our website at: www.glancylaw.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Coastal Financial Corporation (\u201cCoastal\u201d or the \u201cCompany\u201d) (NASDAQ:…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-48553","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48553"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48553\/revisions"}],"predecessor-version":[{"id":48554,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/48553\/revisions\/48554"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}