Coastal Financial faces securities fraud investigation after 43.5% stock drop
AI Summary- Bleichmar Fonti & Auld announced an investigation into Coastal Financial’s securities disclosures.
- 43.5% was the stock decline on July 30, 2026, after the results release.
- Coastal Financial reported a $42.1 million Q2 2026 net loss tied partly to CCBX credit expense.