Did You Suffer SVB Financial Group Investor Losses?
With Silicon Valley Bank Collapse, Our Skilled Securities Fraud Lawyers Are Investigating Brokerage Firms That May Have Made Misrepresentations
Just days after Silicon Valley Bank collapsed and was taken over by US banking regulators, sources report that parent company SVB Financial Group (SIVB: NASDAQ) may mull bankruptcy. Already, the latter saw its share price plunge by over 60%, and two of its top executives, CEO Greg Becker, and CFO Daniel Becker, are being sued by investors who are alleging securities fraud. The proposed class action lawsuit is accusing the defendants of concealing that rising interest rates posed a risk to the banking unit.
Meanwhile, both the US Justice Department and the Securities and Exchange Commission (SEC) are investigating the demise of Silicon Valley Bank. The California lender is the largest bank to fail since the 2008 economic crisis. The collapse of Signature Bank two days later has only added to the panic. It hasn’t helped that the Federal Deposit Insurance Corporation has a $250K cap when it comes to insuring deposits.
How Can Our Skilled Securities Fraud Lawyers Help?
Shepherd Smith Edwards and Kantas (investorlawyers.com) are investigating claims of losses by investors of SVB Financial Group. While joining a class action to sue for damages is one option, obtaining full or even partial financial recovery in this kind of litigation is often slim to none. Filing your own investor loss lawsuit while represented by seasoned securities fraud attorneys, however, will typically increase your chances of maximizing your financial recovery.
Over the years, we have helped thousands of investors, including retail investors, retirees, high-net-worth individual investors, institutional investors, sophisticated investors, and others in pursuing damages from the registered brokerage firms and investment advisers that may have allegedly made unsuitable investment recommendations or misrepresentations and omissions (such as downplaying the risks), failed to conduct the proper due diligence, committed fraud, or were negligent.
If you are an SVB Financial Group investor and you would like to explore your legal options, our skilled securities fraud attorneys want to talk to you.
With over 30 years of fighting for clients all over the United States, our savvy investment loss law firm has a combined over a century’s worth of experience in the securities industry and securities law. We have the experience, knowledge, and resources to represent investors in even the most complex and high-profile kinds of securities fraud cases. Not only that, but more than 90% of those we have represented have achieved full or partial financial recovery with our help. This has included many millions of dollars secured through arbitration, litigation, and mediation.
This is not the type of investment fraud claim that you want to pursue without trusted securities lawyers fighting for you. With Shepherd Smith Edwards and Kantas, you can count on quality legal representations along with customized personal attention.
To schedule your free, no-obligation case assessment with our team of Skilled Securities Fraud Lawyers about your investor losses related to Silicon Valley Bank or SVB Financial Group, call (800) 259-9010 today.