Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against SVB Financial Group (SIVB, SIVBP)
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 12, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SVB Financial Group (“SVB” or the “Company”) (NASDAQ: SIVB , SIVBP ) securities between June 16, 2021 and March 10, 2023, inclusive (the “Class Period”).
- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming May 12, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired SVB Financial Group (“SVB” or the “Company”) (NASDAQ: SIVB , SIVBP ) securities between June 16, 2021 and March 10, 2023, inclusive (the “Class Period”).
- The Company had taken these actions to “strengthen [its] financial position” after “client cash burn .
- To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
- This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.