SAN DIEGO, March 22, 2023 (GLOBE NEWSWIRE) — The Shareholders Foundation, Inc. announces that a lawsuit is pending against certain investors in SVB Financial Group stock SIVB.

Investors who bought shares in SVB Financial Group SIVB have specific options and contact the Shareholders’ Foundation at mail@aktionärsstiftung.com or call +1(858) 779-1554.

On March 13, 2023, a lawsuit was filed against SVB Financial Group and the company’s CEO and CFO for alleged violations of securities laws. The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that the company had failed to disclose to investors the risks arising from upcoming increases in interest rates, that the company had failed to do so Disclosing to investors, in a high interest rate environment, it would be worse off than banks not geared towards tech startups and venture capital-backed companies that the company has not disclosed that it is particularly vulnerable to a bank run, and that as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.

Those who bought SVB Financial Group SIVB Shares please contact the Shareholders Foundation, Inc.

CONTACT:
Shareholder Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@aktionärsstiftung.com
3111 Camino Del Rio North
Episode 423
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and settlement filing service that conducts research on shareholder matters and keeps investors informed of securities class actions, settlements, judgments and other stock/financial market legal news. The Shareholders Foundation, Inc. is not a law firm. All named cases, investigations and/or settlements were not filed/initiated/achieved and/or are not related to the Shareholders Foundation. The information is just…