Expired
Lead Plaintiff Deadline
Jun 23, 2023
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According to the complaint, Defendants misrepresented the strength of the Company’s balance sheet and liquidity position, while also understating the significant pressure rising interest rates posed to First Republic’s business model. Defendants also misrepresented the strength of the Company’s ability to deliver consistent results across different interest rate environments, the diversity of the Company’s deposit funding base, and the Company’s ability to generate net interest income (“NII”) growth and maintain stable net interest margin (“NIM”).
In order to be eligible to join the FRCB class action lawsuit, you must have incurred a loss on shares of First Republic purchased during the class period listed above.
If you suffered a loss in First Republic during the relevant time frame or pursuant to the relevant offering(s), you have until June 23, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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