SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind PacWest Investors of a Lead Plaintiff Deadline of November 13, 2023

NEW YORK, Nov. 6, 2023

The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 28, 2022 and May 3, 2023.

If you suffered a loss on your investment in PacWest, contact us about potential recovery by using the link below. There is no cost or obligation to you.

https://www.wongesq.com/pslra-1/pacwest-class-action-submission-form/?prid=54142&wire=4 

ABOUT THE ACTION: The class action against PacWest includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) PacWest had understated the impact of interest rate hikes on Pacific Western Bank ("PWB"), a smaller bank with excessive concentration in specific industries; (ii) accordingly, the Company had overstated the stability and/or sustainability of its deposit base; (iii) as a result, PacWest was exceptionally vulnerable to excessive deposit flows and/or a liquidity crisis; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

DEADLINE: November 13, 2023

Aggrieved PacWest investors only have until November 13, 2023 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.