SBNY ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 15, 2023 in the Class Action Filed on Behalf of Signature Bank Shareholders

NEW YORK, May 9, 2023

Class Period: March 23, 2020 to March 12, 2023
Lead Plaintiff Deadline: May 15, 2023
No obligation or cost to you.

Learn more about your recoverable losses in SBNY:
https://www.kleinstocklaw.com/pslra-1/signature-bank-loss-submission-form?id=39093&from=4

Signature Bank NEWS - SBNY NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Signature Bank made materially false and/or misleading statements and/or failed to disclose that: (1) Signature Bank did not have the strong fundamentals that it represented itself as having in the days immediately prior to its takeover, or otherwise took action that left it susceptible to a takeover by the New York Department of Financial Services ("DFS"); (2) as a result, it became a target for regulatory action by the DFS, and (3) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Signature you have until May 15, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you purchased Signature securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.