Silvergate Class Action Lawsuit Announcement

SAN DIEGO, Dec. 09, 2022 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of Silvergate Capital Corporation (NYSE: SI) (“Silvergate” or the “Company”). The class action is on behalf of shareholders who purchased Silvergate between November 9, 2021 and November 17

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Johnson Fistel, LLP, a shareholder rights law firm based in San Diego, has announced the commencement of a class action lawsuit on behalf of investors of Silvergate Capital Corporation (NYSE: SI). The lawsuit is targeted towards shareholders who purchased Silvergate stock between November 9, 2021 and November 17, […].

Shareholders who have incurred losses as a result of their investment in Silvergate during the specified time period are encouraged to submit their losses to Johnson Fistel, LLP for further assessment and potential inclusion in the class action lawsuit.

For more information on this class action lawsuit and how to submit your losses, please visit the Johnson Fistel, LLP website or contact their office directly.

How this will affect me:

As a shareholder who purchased Silvergate stock within the mentioned timeframe, you may be eligible to participate in the class action lawsuit and seek potential compensation for any losses incurred during that period. It is important to submit your losses to Johnson Fistel, LLP in order to be considered for inclusion in the lawsuit.

How this will affect the world:

This class action lawsuit against Silvergate Capital Corporation can have broader implications for the investment community and the financial industry as a whole. It serves as a reminder of the importance of transparency and accountability in corporate governance, and highlights the legal recourse available to shareholders who have suffered financial losses due to alleged misconduct or mismanagement by a company.

Conclusion:

In conclusion, the announcement of the class action lawsuit against Silvergate Capital Corporation by Johnson Fistel, LLP underscores the significance of protecting shareholder rights and seeking redress for any financial harm caused by alleged corporate wrongdoing. Shareholders who are potentially affected by this lawsuit are encouraged to take action and submit their losses for review and potential inclusion in the legal proceedings.