Nagel Rice is investigating the collapse of the Silicon Valley Bank. Silicon Valley Bank collapsed into FDIC receivership on Friday, after its long-established customer base of tech startups grew concerned and yanked deposits. At the end of last year, SVB had more than $175 billion in deposits — the vast majority of which are uninsured — and $209 billion in total assets.
Nagel Rice has decades of experience pursuing companies that harm consumers. Our talented, diligent attorneys have obtained over $1 billion in settlements or verdicts. We have won substantial damages for our clients against brokerage firms, credit card companies, banking institutions, and health insurance companies. We have the skills to negotiate shrewdly in order to win large settlements and if negotiations break down, we are fully prepared to go to court, using our unparalleled litigation know-how to make sure you win the maximum recovery possible.
If you or your company has been impacted by SVB’s collapse and are interested in participating in pursuing claims against SVB, please call us at 973-618-0400 or email us at nagelrice@nagelrice.com.