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Investors in Alphabet and Coastal Financial face Dec 1 deadline for lead plaintiff in securities fraud cases

Market News
21 Oct 2026
GlobeNewsWire
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Bearish
Investors in Alphabet and Coastal Financial face Dec 1 deadline for lead plaintiff in securities fraud cases

Investors in Alphabet Inc. and Coastal Financial Corporation have until December 1, 2026, to file motions to be lead plaintiffs in ongoing securities fraud class actions. The lawsuits allege that Alphabet misled investors about the performance and launch delay of its Gemini 3.5 Pro product, while Coastal Financial is accused of hiding the deterioration of a significant loan portfolio and inadequate risk management. Investors who suffered losses during the specified class periods are encouraged to consider their legal options. No class has been certified yet, and investors can choose to participate or remain absent class members.

Alphabet Inc. shares are trading at USD 333.00 on Pluang as of Oct 21, 2026, 23:21 WIB, down 2.14% in the last day. The stock's market cap stands at $4.14 trillion, reflecting its significant size in the market. Investor interest remains strong with 72% of recent Pluang orders to buy, indicating ongoing demand despite recent declines.

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