---
title: "23:03 ETINVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Coastal Financial Corporation - CCB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295173319.md"
description: "Pomerantz LLP is investigating Coastal Financial Corporation (NASDAQ: CCB) for potential securities fraud following a 43.52% stock plunge after the company reported a $42.1 million GAAP net loss driven by accounting adjustments. Investors are advised to contact the firm if they wish to join the class action."
datetime: "2026-08-07T03:03:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295173319.md)
  - [en](https://longbridge.com/en/news/295173319.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295173319.md)
generator: "portal-rs"
---

# 23:03 ETINVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Coastal Financial Corporation - CCB

, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Coastal Financial Corporation ("Coastal Financial" or the "Company") (NASDAQ: CCB). Such investors are advised to contact Danielle Peyton at \[email protected\] or 646-581-9980, ext. 7980.

The investigation concerns whether Coastal Financial and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

**\[Click here for information about joining the class action\]**

On July 30, 2026, Coastal Financial reported its financial results for the second quarter of 2026. Among other items, Coastal Financial reported a GAAP net loss of $42.1 million, or $2.76 per diluted share, which the Company's CEO Eric Sprink said "was driven almost entirely by $68.8 million in pre-tax accounting adjustments associated with a defined CCBX portfolio company and its consumer loan portfolio." 

On this news, Coastal Financial's stock price fell $30.75 per share, or 43.52%, to close at $39.91 per share on July 30, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

**CONTACT:**  
Danielle Peyton  
Pomerantz LLP  
\[email protected\]  
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**