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