Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

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Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by ShareholdersThe parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and […]

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