Depositors claiming to be owed $38 million have applied to wind up the Cayman Islands branch of California-headquartered Silicon Valley Bank at the Grand Court of the Cayman Islands.
Class Action Complaint alleging securities fraud in Elliot Snook v. SVB Financial Group, Greg W. Becker, and Daniel J. Beck at the U.S. District Court for the Northern District of California.
Class Action Complaint alleging securities fraud in Chandra Vanipenta v. SVB Financial Group, parent of Silicon Valley Bank; Greg W. Becker, and Daniel Beck at the U.S. District Court for the Northern District of California.