San Diego, CA -- (SBWIRE) -- 05/04/2023 -- The Shareholders Foundation announced that a deadline is coming up on May 12, 2023 in the lawsuit filed for certain investors of SVB Financial Group (NASDAQ: SIVB).

Investors who purchased shares of SVB Financial Group (NASDAQ: SIVB) have certain options and there are strict and short deadlines running. Deadline: May 12, 2023. NASDAQ: SIVB stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of SVB Financial Group (NASDAQ: SIVB) common shares between June 16, 2021 and March 10, 2023, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 16, 2021 and March 10, 2023, the defendants made false and/or misleading statements and/or failed to disclose that the Company failed to disclose to investors the risks presented by impending rising interest rates, that the Company failed to disclose to investors that, in an environment with high interest rates, it would be worse off than banks that did not cater to tech startups and venture capital-backed companies, that the Company failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run, and that as a result, Defendants' public statements were materially false and/or misleading at all relevant times.

Those who purchased shares of SVB Financial Group (NASDAQ: SIVB) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.