March 20, 2023
Orrick Herrington & Sutcliffe LLP attorneys will represent the embattled former CEO of Silicon Valley Bank in shareholder actions launched on the heels of the bank's stunning failure.
March 16, 2023
Another group of investors who held Silicon Valley Bank securities has proposed a class action against the shuttered bank, saying it was never disclosed that the bank — which was shut down by regulators on March 10 — faced unique liquidity risks in an environment with high interest rates.