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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Silvergate Capital Corporation - SI

Silvergate Capital Corporation Class A (SI) 
Last silvergate capital corporation class a earnings: 4/29 06:25 am Check Earnings Report
US:NYSE Investor Relations: siemens.com/investor
Company Research Source: GlobeNewswire
NEW YORK, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Silvergate and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] 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 a Show less Read more
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