Investors Say Signature Bank Misled Them Before Collapse

By Katryna Perera · March 14, 2023, 5:17 PM EDT

The recently collapsed Signature Bank was hit with a proposed investor class action on Tuesday, claiming the bank failed to disclose to shareholders that it did not have the "strong fundamentals"...

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Documents

Case Information

Case Title

Schaeffer v. Signature Bank et al

Case Number

1:23-cv-01921

Court

New York Eastern

Nature of Suit

Securities/Commodities

Date Filed

March 14, 2023