Coastal Financial faces securities-fraud investigation after 43.5% stock drop

Verifying
  • Bleichmar Fonti & Auld announced a securities-fraud investigation into Coastal Financial.
  • Coastal Financial shares fell 43.5%, from $70.66 to $39.91, on July 30, 2026.
  • Coastal Financial reported a $42.1 million Q2 2026 net loss tied partly to CCBX credit expense.
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