Pomerantz LLP joined an earlier probe into possible securities-law violations after FirstSun projected $40 million to $41 million in credit-loss provisions and disclosed a suspected-fraud loan charge-off.
FirstSun Capital Bancorp is facing multiple investor law-firm investigations after a sharp share-price decline tied to a weaker credit outlook. Pomerantz LLP said it is investigating whether FirstSun and certain of its officers and directors engaged in securities fraud or other unlawful business practices, adding to an earlier probe by The Law Offices of Frank R. Cruz over possible federal securities law violations. FirstSun said on July 9, 2026 that it "expect[s] charge-offs to average loans to be in the high 50s range in basis points" and projected a $40 million to $41 million provision for credit losses and $42 million to $43 million in charge-offs, including a $22 million charge-off linked to a suspected-fraud loan. The stock fell $2.85, or 7.5%, to close at $35.08 on July 10, 2026.