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The filed complaint alleges that Western Alliance Bancorporation made materially false and/or misleading statements and/or failed to disclose that: Western Alliance Bancorporation disclosed on October 16, 2025, that it had initiated a lawsuit against a borrower, Cantor Group V LLC, alleging fraud related to collateral loans. Following this news, Western Alliance stock fell over 10% on the same day.
In order to be eligible to join the WAL class action lawsuit, you must have incurred a loss on shares of Western Alliance Bancorporation purchased during the class period listed above.
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