Bronstein, Gewirtz & Grossman, LLC Announces Silvergate Capital Corporation (SI) Investigation
Silvergate Capital Corporation Class A (SI)
Last silvergate capital corporation class a earnings: 4/29 06:25 am
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Source: Accesswire
NEW YORK, NY / ACCESSWIRE / November 29, 2022 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Silvergate Capital Corporation ("Silvergate" or the "Company") (NYSE:SI). Investors who purchased Silvergate securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/si.The investigation concerns whether Silvergate violated federal securities laws.On November 15, 2022, market analysts reported that Silvergate's exposure to FTX, a cryptocurrency exchange currently experiencing a significant liquidity crisis, could be far greater than the Company had previously represented. Specifically, market analysts suggested that FTX deposits constitute a sizable portion of Silvergate's deposit base and that this is a significant red flag. On this news, Silvergate's stock price fell $6.13 per share, or 17.27%, to close at $29.36 per share on November 15, 2022. Then, on November 17, 2022, research analy
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