Seams to be working fine in all my tests. Ensure the below is configured.
CB > Configuration > Moderation
Send Moderators Email: Yes
CB > User Management > Your User
Receive Moderator Emails: Yes
CB > Plugin Management > CB Profile Gallery
Moderator Notification: Yes
With the above properly configured your user should receive moderator notifications fine. If still not working try using CB > User Management > Mass Mailer to see if emails are working at all.