Coastal Financial Corporation (CCB) Scrutinized Over BaaS Credit Risk Management Effectiveness, Shares Tank 43% - Hagens Berman Investigation and Investor Advisory
Coastal Financial Corporation (CCB) is under investigation by Hagens Berman for alleged risk management failures in its BaaS segment. The company reported a Q2 2026 net loss of $42.1 million, including $68.8 million in pre-tax charges related to a single partner, leading to a 43.5% stock drop. The investigation focuses on potential misstatements about credit quality and risk oversight.

