SBNY stock investors were misled into believing that Signature Bank implemented “stringent due diligence” with respect to aspects of its cryptocurrency-related business and, as a result, that Signature Bank had minimal (if any) risk associated with digital assets. When the truth emerged, individual investors that purchased Signature Bank stock (SBNY) were damaged. These shareholders are now considering joining together to file a class action brought by the law firm of Scott+Scott Attorneys at Law, seeking restitution and damages from Signature Bank and other insiders. If you purchased SBNY common stock and suffered damages, you are encouraged to reach out to Scott+Scott to learn more about your legal rights.
If you are interested in participating in a securities class action lawsuit against Signature Bank and certain members of its executive team, and having a lawyer contact you, please fill out the form below. There is no cost.