SVB Financial Hit With Pair Of Investor Class Actions Over Bank’s Collapse

Mealey's (March 22, 2023, 2:00 PM EDT) -- SAN FRANCISCO — Investors have filed a pair of class lawsuits against Silicon Valley Bank (SVB) and its CEO and chief financial officer in California federal court, alleging that the defendants misrepresented the failed bank’s business and financial condition in violation of federal securities laws....