SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 - (OTC PINK: SBNY)

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PR Newswire

NEW YORK, May 3, 2023

NEW YORK, May 3, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Signature Bank.

Shareholders who purchased shares of SBNY during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

https://securitiesclasslaw.com/securities/signature-bank-lawsuit-submission-form/?id=38649&from=4

CLASS PERIOD: March 23, 2020 to March 12, 2023

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued 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.

DEADLINE: May 15, 2023 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/signature-bank-lawsuit-submission-form/?id=38649&from=4

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Kurse

Signature Bank

4,05 $

+8,00%

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SBNY during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 15, 2023. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903

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SOURCE The Gross Law Firm

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