Stock Symbol:
SIVB
Case Status:
Investigations
Ademi LLP is investigating possible securities fraud claims against SVB Financial (Nasdaq: SIVB). The investigation results from inaccurate statements SVB Financial may have made regarding its business operations and prospects.
The investigation focuses on SVB Financial’s disclosures with respect to elevated cash burn rates from its clients and the adequacy of its funding diversification. On May 9, SVB Financial shocked the market when it announced its need to raise $2 billion in capital to help offset losses on bond sales.