3:22cv1936 • December 7, 2022
Class Period Start
November 7, 2019
Class Period End
May 9, 2025
PSLRA Deadline
February 6, 2023
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Nov 7, 2022
Sec11 Statutes of Repose
Nov 7, 2022
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
October 21, 2025
Settlement Fund
$37,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired securities during the period from November 7, 2019, through March 21, 2023, inclusive (the “Class Period”), you purchased or otherwise acquired the publicly traded common stock of Silvergate Capital Corporation (“Silvergate Capital”) and were damaged thereby, or purchased Silvergate Capital securities in and/or traceable to any of Silvergate Capital’s securities offerings during 2021 and were damaged thereby.
Claim Administrator
JND Legal Administration
P.O. Box 91072
Seattle, WA 98111
+1 866-287-0746
[email protected]
Settlement Website
https://www.silvergatesecuritieslitigation.com/Hearing Date
September 3, 2025
Opt-out Deadline
August 13, 2025
Settlement Note
Download hereProof Of Claim
Download here
Aug 24, 2026
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
Sep 3, 2025
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Jul 30, 2025
Motion for Final Approval of Settlement
The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.
Jun 23, 2025
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Jun 23, 2025
May 22, 2025
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
May 21, 2025
Motion for Preliminary Approval of Settlement
The parties have asked the court to give preliminary approval to a proposed settlement. The judge will review the request and decide whether the settlement can move forward to the next stage. If approved, potential class members will generally receive information about the settlement and their rights, including any deadlines for taking action.
Mar 26, 2025
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Jul 10, 2023
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Jul 10, 2023
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Jul 10, 2023
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
May 11, 2023
A new complaint has been filed on behalf of certain investors in SHOULDER INNOVATIONS, INC.. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
Feb 28, 2023
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Feb 3, 2023
The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.
Jan 19, 2023
Jan 10, 2023
Dec 13, 2022
Another plaintiff has filed a complaint on behalf of investors in SHOULDER INNOVATIONS, INC.. The allegations and class definitions are substantively the same.
Dec 7, 2022
A securities fraud class action complaint has been filed on behalf of certain investors in SHOULDER INNOVATIONS, INC..
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