EVERETT, WA – October 14, 2026 (STL.News) Coastal Financial Corporation (NASDAQ: CCB) faces a federal securities class action lawsuit filed by Grant & Eisenhofer P.A. on behalf of Allegheny County Employees’ Retirement System after substantial credit-related losses triggered a dramatic decline in the company’s stock price. The lawsuit, filed October 2, 2026, in the U.S. District Court for the Western District of Washington, names Coastal Financial and three current or former senior executives as defendants. It alleges that investors received materially misleading information about the credit quality, financial protections, and risk management practices associated with the company’s CCBX banking-as-a-service…Source…
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