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Snook v. SVB Financial Group et al
Case Number:
3:23-cv-01173
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Multi Party Litigation:
Class Action
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March 20, 2023
Orrick To Rep Ex-SVB CEO In Shareholder Suits
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.
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March 16, 2023
SVB Hit With Another Investor Suit For Hiding Financial Woes
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.