{"success":true,"data":{"pressRelease":{"id":"163297","rtpr_id":"nBw1vyDz4a-20261007","ticker":"CCB","exchange":"NASDAQ","all_tickers":["CCB"],"title":"CCB Investors Have Opportunity to Lead Coastal Financial Corporation Securities Fraud Lawsuit with SBS Law","author":"Business Wire","published_at":"2026-10-07T14:12:00.138Z","article_body":"CCB Investors Have Opportunity to Lead Coastal Financial Corporation\nSecurities Fraud Lawsuit with SBS Law\n\nSchall, Brown & Schwartz LLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fschallfirm.com%2F&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=Schall%2C+Brown+%26+Schwartz+LLP&index=1&md5=d760e8d84bef64531c1698c5ae30527f)\n(“SBS”), a national shareholder rights litigation firm, reminds investors\nof a class action lawsuit against Coastal Financial Corporation (“Coastal”\nor “the Company”) (NASDAQ: CCB\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FCCB&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=CCB&index=2&md5=a9dcdb1223e81b96242da1682e50135a)\n) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934\nand Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange\nCommission.\n\nShareholders who purchased shares of CCB during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointments.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCLASS PERIOD: October 28, 2024 to July 29, 2026\n\nDEADLINE: December 1, 2026\n\nIf you are a shareholder who suffered a loss, click here to participate\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fcoastal-financial-corporation%2F&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=click+here+to+participate&index=3&md5=cd4a9c55aa3147a51d7744c367387fc5)\n.\n\nCASE DETAILS: According to the Complaint, the Company made false and\nmisleading statements to the market. Coastal suffered from deterioration in\nits CCBX partner loan portfolio, which makes up almost 23% of all loans within\nthe CCBX division. The Company faced increases exposure to credit losses,\nwhich it downplayed to investors. The Company failed to maintain adequate risk\nmanagement and credit monitoring practices. Based on these facts, the\nCompany’s public statements were false and materially misleading throughout\nthe class period. When the market learned the truth about Coastal, investors\nsuffered damages.\n\nWe also encourage you to contact Brian Schall or David Schwartz of Schall,\nBrown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA\n90067, at 310-301-3335, to discuss your rights free of charge. You can also\nreach us through the firm's website at www.schallfirm.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fpr.report%2FmIwBkOrU&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=www.schallfirm.com&index=4&md5=54a62394c968eb57e604f5369ddbbf4e)\n, or by email at david@schallfirm.com (mailto:david@schallfirm.com) .\n\nThe class, in this case, has not yet been certified, and until certification\noccurs, you are not represented by an attorney. If you choose to take no\naction, you can remain an absent class member.\n\nJoin the case\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fcoastal-financial-corporation%2F&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=Join+the+case&index=5&md5=f64d58ed968d21a93f2e535a1ac0af42)\nto recover your losses\n\nWHY SBS? Schall, Brown & Schwartz LLP represents investors around the\nworld and specializes in securities class action lawsuits and shareholder\nrights litigation. Bringing together the extensive experience and diverse\nskillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz,\nSBS is dedicated to aggressively advocating for every investor.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and rules of ethics.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261007061079/en/\n(https://www.businesswire.com/news/home/20261007061079/en/)\n\nSchall, Brown & Schwartz LLP\nBrian Schall, Esq.,\nAndrew Brown, Esq.,\nDavid Schwartz, Esq.,\nwww.schallfirm.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.schallfirm.com&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=www.schallfirm.com&index=6&md5=9f8d6ab404c159ce9d8beee8f199eb82)\n\nOffice: 310-301-3335\ninfo@schallfirm.com (mailto:info@schallfirm.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw1vyDz4a-20261007","title":"CCB Investors Have Opportunity to Lead Coastal Financial Corporation Securities Fraud Lawsuit with SBS Law","author":"Business Wire","ticker":"CCB","created":"2026-10-07T14:12:00.138Z","tickers":["CCB"],"exchange":"NASDAQ","article_body":"CCB Investors Have Opportunity to Lead Coastal Financial Corporation\nSecurities Fraud Lawsuit with SBS Law\n\nSchall, Brown & Schwartz LLP\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fschallfirm.com%2F&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=Schall%2C+Brown+%26+Schwartz+LLP&index=1&md5=d760e8d84bef64531c1698c5ae30527f)\n(“SBS”), a national shareholder rights litigation firm, reminds investors\nof a class action lawsuit against Coastal Financial Corporation (“Coastal”\nor “the Company”) (NASDAQ: CCB\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FCCB&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=CCB&index=2&md5=a9dcdb1223e81b96242da1682e50135a)\n) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934\nand Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange\nCommission.\n\nShareholders who purchased shares of CCB during the class period listed are\nencouraged to contact the firm regarding possible lead plaintiff appointments.\nAppointment as lead plaintiff is not required to partake in any recovery.\n\nCLASS PERIOD: October 28, 2024 to July 29, 2026\n\nDEADLINE: December 1, 2026\n\nIf you are a shareholder who suffered a loss, click here to participate\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fcoastal-financial-corporation%2F&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=click+here+to+participate&index=3&md5=cd4a9c55aa3147a51d7744c367387fc5)\n.\n\nCASE DETAILS: According to the Complaint, the Company made false and\nmisleading statements to the market. Coastal suffered from deterioration in\nits CCBX partner loan portfolio, which makes up almost 23% of all loans within\nthe CCBX division. The Company faced increases exposure to credit losses,\nwhich it downplayed to investors. The Company failed to maintain adequate risk\nmanagement and credit monitoring practices. Based on these facts, the\nCompany’s public statements were false and materially misleading throughout\nthe class period. When the market learned the truth about Coastal, investors\nsuffered damages.\n\nWe also encourage you to contact Brian Schall or David Schwartz of Schall,\nBrown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA\n90067, at 310-301-3335, to discuss your rights free of charge. You can also\nreach us through the firm's website at www.schallfirm.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fpr.report%2FmIwBkOrU&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=www.schallfirm.com&index=4&md5=54a62394c968eb57e604f5369ddbbf4e)\n, or by email at david@schallfirm.com (mailto:david@schallfirm.com) .\n\nThe class, in this case, has not yet been certified, and until certification\noccurs, you are not represented by an attorney. If you choose to take no\naction, you can remain an absent class member.\n\nJoin the case\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fschallfirm.com%2Fcases%2Fcoastal-financial-corporation%2F&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=Join+the+case&index=5&md5=f64d58ed968d21a93f2e535a1ac0af42)\nto recover your losses\n\nWHY SBS? Schall, Brown & Schwartz LLP represents investors around the\nworld and specializes in securities class action lawsuits and shareholder\nrights litigation. Bringing together the extensive experience and diverse\nskillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz,\nSBS is dedicated to aggressively advocating for every investor.\n\nThis press release may be considered Attorney Advertising in some\njurisdictions under the applicable law and rules of ethics.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261007061079/en/\n(https://www.businesswire.com/news/home/20261007061079/en/)\n\nSchall, Brown & Schwartz LLP\nBrian Schall, Esq.,\nAndrew Brown, Esq.,\nDavid Schwartz, Esq.,\nwww.schallfirm.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.schallfirm.com&esheet=54617790&newsitemid=20261007061079&lan=en-US&anchor=www.schallfirm.com&index=6&md5=9f8d6ab404c159ce9d8beee8f199eb82)\n\nOffice: 310-301-3335\ninfo@schallfirm.com (mailto:info@schallfirm.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-07T14:12:00.172553073Z","server_sent_at_ms":1791382320172},"received_at":"2026-10-07T14:12:00.222Z","source_url":"https://www.businesswire.com/news/home/20261007061079/en/"},"analysis":{"id":"151754","press_release_id":"163297","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":["alleged deterioration in CCBX partner loan portfolio (~23% of division loans)","alleged inadequate risk management and credit monitoring; credit losses downplayed to investors"],"eventType":"legal_litigation","narrative":"Schall, Brown & Schwartz LLP issued a solicitation reminding CCB investors of a securities fraud class action covering October 28, 2024 to July 29, 2026, with a lead plaintiff deadline of December 1, 2026.\n\nThe complaint alleges Coastal downplayed deterioration in its CCBX partner loan portfolio, which makes up almost 23% of loans in that division, and lacked adequate risk management.\n\nThe class has not been certified and this is law-firm marketing rather than a company disclosure, but the underlying allegations about CCBX credit quality are worth monitoring.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress; watch for issuer response on CCBX credit quality instead."},"keyFigures":{"customDimensions":{"class_period_end":"July 29, 2026","class_period_start":"October 28, 2024","ccbX_partner_loan_share":"almost 23% of loans within the CCBX division","lead_plaintiff_deadline":"December 1, 2026"}},"namedEntities":{"people":[{"name":"Brian Schall","role":"founding partner, Schall, Brown & Schwartz LLP"},{"name":"Andrew Brown","role":"founding partner, Schall, Brown & Schwartz LLP"},{"name":"David Schwartz","role":"founding partner, Schall, Brown & Schwartz LLP"}],"products":["CCBX"],"companies":[{"name":"Coastal Financial Corporation","ticker":"CCB","relationship":"target of class action"},{"name":"Schall, Brown & Schwartz LLP","relationship":"plaintiff law firm"},{"name":"U.S. Securities and Exchange Commission","relationship":"regulator under whose rules claims are brought"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation by Schall, Brown & Schwartz LLP reminding investors of an unclassified class action against Coastal Financial. No certified class, no settlement, no issuer disclosure."},"tickerRelevance":{"others":[],"primary":"CCB"},"globalImportance":15,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Schall, Brown & Schwartz LLP issued a solicitation reminding CCB investors of a securities fraud class action covering October 28, 2024 to July 29, 2026, with a lead plaintiff deadline of December 1, 2026.\n\nThe complaint alleges Coastal downplayed deterioration in its CCBX partner loan portfolio, which makes up almost 23% of loans in that division, and lacked adequate risk management.\n\nThe class has not been certified and this is law-firm marketing rather than a company disclosure, but the underlying allegations about CCBX credit quality are worth monitoring.","key_figures":{"customDimensions":{"class_period_end":"July 29, 2026","class_period_start":"October 28, 2024","ccbX_partner_loan_share":"almost 23% of loans within the CCBX division","lead_plaintiff_deadline":"December 1, 2026"}},"named_entities":{"people":[{"name":"Brian Schall","role":"founding partner, Schall, Brown & Schwartz LLP"},{"name":"Andrew Brown","role":"founding partner, Schall, Brown & Schwartz LLP"},{"name":"David Schwartz","role":"founding partner, Schall, Brown & Schwartz LLP"}],"products":["CCBX"],"companies":[{"name":"Coastal Financial Corporation","ticker":"CCB","relationship":"target of class action"},{"name":"Schall, Brown & Schwartz LLP","relationship":"plaintiff law firm"},{"name":"U.S. Securities and Exchange Commission","relationship":"regulator under whose rules claims are brought"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-07T14:12:08.278Z","global_importance":15,"audience_relevance":12,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":5533,"modelName":"glm-5.3-flashx"}}