New York, New York--(Newsfile Corp. - March 24, 2023) - Levi & Korsinsky, LLP notifies investors in SVB Financial Group ("SVB" or the "Company") (NASDAQ: SIVB) of a class action securities lawsuit.
The lawsuit on behalf of SVB investors has been commenced in the the United States District Court for the Northern District of California. Affected investors purchased or otherwise acquired certain SVB Financial Group securities between June 16, 2021 and March 10, 2023. Follow the link below to get more information and be contacted by a member of our team:
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
SVB Financial Group NEWS - SIVB NEWS
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company failed to disclose to investors the risks presented by impending rising interest rates; (2) the Company failed to disclose to investors that, in an environment with high interest rates, SVB would be worse off than banks that did not cater to tech startups and venture capital-backed companies; (3) the Company failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run; (4) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in SVB during the relevant timeframe, you have until May 12, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form or call 212-363-7500 to discuss the case.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
To view the source version of this press release, please visit
New York, New York--(Newsfile Corp. - March 24, 2023) - Levi & Korsinsky, LLP notifies investors in SVB Financial Group ("SVB" or the "Company") (NASDAQ: SIVB) of a class action securities lawsuit.
纽约，纽约--（Newsfile Corp.——2023年3月24日）——Levi & Korsinsky, LLP通知投资者 SVB 金融集团 集体诉讼证券诉讼的（“SVB” 或 “公司”）（纳斯达克股票代码：SIVB）。
The lawsuit on behalf of SVB investors has been commenced in the the United States District Court for the Northern District of California. Affected investors purchased or otherwise acquired certain SVB Financial Group securities between June 16, 2021 and March 10, 2023. Follow the link below to get more information and be contacted by a member of our team:
代表SVB投资者的诉讼已在美国加利福尼亚北区地方法院启动。受影响的投资者购买或以其他方式收购了某些SVB Financial Grou 在 2021 年 6 月 16 日到 2023 年 3 月 10 日之间。点击以下链接获取更多信息，我们的团队成员将与您联系：
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
或者通过电子邮件 jlevi@levikorsinsky.com 或致电 (212) 363-7500 与 Joseph E. Levi, Esq. 联系。 您无需承担任何费用或义务。
SVB Financial Group NEWS - SIVB NEWS
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company failed to disclose to investors the risks presented by impending rising interest rates; (2) the Company failed to disclose to investors that, in an environment with high interest rates, SVB would be worse off than banks that did not cater to tech startups and venture capital-backed companies; (3) the Company failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run; (4) as a result, defendants' public statements were materially false and/or misleading at all relevant times.
案例详情： 提起的申诉称，被告作出了虚假陈述和/或隐瞒了以下事实：（1）公司未能向投资者披露即将上升的利率所带来的风险；（2）公司没有向投资者披露，在高利率环境下，SVB的境况将比不迎合科技初创公司和风险投资支持公司的银行差；（3）如果其投资受到利率上升的负面影响，公司未能披露这一点，它特别容易受到银行挤兑的影响；(4) 作为结果，被告的公开陈述在所有相关时间均存在重大虚假和/或误导性。
WHAT THIS MEANS TO SHAREHOLDERS: If you suffered a loss in SVB during the relevant timeframe, you have until May 12, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
这对股东意味着什么： 如果您在相关时间段内遭受了 SVB 损失，则必须等到 2023年5月12日 要求法院任命你为首席原告。您无需担任首席原告即可分担任何追回款项。
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. Discuss your rights with our legal team without cost or obligation.
对你来说不用花钱： 如果您是集体成员，则可能有权在不支付任何自付费用或费用的情况下获得赔偿。与我们的法律团队讨论您的权利，无需任何费用或义务。
PROTECT YOUR FINANCIAL INTERESTS: Complete this brief submission form or call 212-363-7500 to discuss the case.
保护您的经济利益： 填写这份简短的提交表或致电 212-363-7500 讨论此案。
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
为什么是李维和科尔辛斯基： 在过去的20年中，Levi & Korsinsky的团队为受侵害的股东筹集了数亿美元，并在赢得高风险案件方面创造了良好的记录。我们公司在复杂的证券诉讼中代表投资者拥有丰富的专业知识，并拥有一支由70多名员工组成的团队为我们的客户提供服务。Levi & Korsinsky连续七年在ISS证券集体诉讼服务公司的50强报告中被评为美国顶级证券诉讼公司之一。
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
联系人：
Levi & Korsinsky，LLP
Joseph E. Levi，Esq.
Ed Korsinsky，Esq。
百老汇 55 号，10 楼
纽约州纽约 10006
jlevi@levikorsinsky.com
电话：(212) 363-7500
传真：(212) 363-7171
To view the source version of this press release, please visit
