Kirby McInerney LLP is investigating Coastal Financial Corporation for possible securities fraud following the company's announcement of a $42.1 million net loss in Q2 2026, a sharp reversal from a $12 million profit the previous quarter. The loss was mainly due to a $68.8 million credit expense linked to a single partner relationship. Coastal's shares plunged 43.5% on this news. No lawsuit has been filed yet, but the investigation is ongoing to determine if legal claims under federal securities laws are warranted. Investors who bought Coastal securities are encouraged to contact the law firm for more information or to discuss their rights.
Lighter (LIT) surged 13% to a new local high of $4.67, marking its third consecutive day of gains and outperforming both Hyperliquid (HYPE) and Ethereum (ETH) over the past five months. This rally is driven by increased network activity following the...
Weyerhaeuser's stock has declined about 7% over the past year due to weak demand from a prolonged downturn in the US housing market. Elevated mortgage rates and limited construction capacity continue to suppress lumber demand, delaying recovery likel...
On September 4, US spot Bitcoin ETFs attracted $175 million in net inflows, while Ethereum ETFs gained $26.46 million, continuing a positive trend in institutional crypto interest. These inflows follow a record $731 million Bitcoin ETF inflow on Sept...
XRP has stabilized around $1.40 after a recent rise, with $1.25 emerging as a crucial support level where large investors, or whales, are expected to buy the dip. This price point aligns with key technical indicators and marks a strategic accumulatio...
A class action lawsuit has been filed against Papa John's International by investors who bought stock between August 7, 2025, and August 5, 2026. The suit alleges the company misled investors about its business prospects, including sales, dividends, ...
