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SAN FRANCISCO–(BUSINESS WIRE)–Girard Sharp LLP, a national investment, securities, and consumer class action firm, announces it is investigating claims on behalf of investors who acquired stock in SVB Financial Group (NASDAQ: SIVB).
If you acquired SVB Financial Group stock and would like to discuss your potential claim, please email email@example.com, submit your information here, or call (866) 981-4800 for a free consultation.
Girard Sharp’s investigation into SVB Financial Group focuses on whether the company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. SVB announced on March 8, 2023, that it planned to raise more than $2 billion, including $500 million from private equity firm General Atlantic and $1.75 billion via a public offering. SVB also announced it would take a loss of $1.8 billion on the sale of $21 billion worth of securities.
Based on this news, shares of SVB fell by more than 60% in afternoon trading on March 9, 2023.
If you acquired SVB stock, click here to participate.
We also encourage you to contact Adam Polk of Girard Sharp LLP, 601 California Street, Suite 1400, San Francisco, CA 94108, at (866) 981-4800, to discuss your rights free of charge. You can also reach us through the firm’s website at www.girardsharp.com, or by email at firstname.lastname@example.org.
Why Girard Sharp?
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We serve on the Plaintiffs’ executive committee in the recent spoofing litigation against JPMorgan Chase that settled for $60 million, a favorable resolution that the district court preliminarily approved in December 2021. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
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