Holzer & Holzer, LLC announced an investigation into whether Coastal Financial Corporation complied with federal securities laws. The investigation follows Coastal Financial's unaudited second quarter 2026 results, which revealed a net loss of $42.1 million, primarily due to a $68.8 million credit expense tied to a single, isolated CCBX partner relationship. The company's stock price dropped after the announcement. Shareholders who purchased Coastal Financial stock and suffered a loss are encouraged to contact the law firm.
Coastal Financial CorpReported net loss of $42.1 million due to a large credit expense, causing stock price drop.