SVB Financial Group Lawsuit Submission Form

Company: SVB Financial Group

Ticker: (OTC) SIVBQ

Deadline

Passed

Lead Plaintiff Deadline: May 12, 2023

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Allegations

The filed complaint alleges that SVB Financial Group made materially false and/or misleading statements and/or failed to disclose that:

(1) the Company failed to disclose to investors the risks presented by impending rising interest rates; (2) the Company failed to disclose to investors that, in an environment with high interest rates, SVB would be worse off than banks that did not cater to tech startups and venture capital-backed companies; (3) the Company failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run; (4) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.