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CATEGORY: stock sale


Mar 14, 2023 10:30

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and [...]

The post Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders appeared first on Crypto Breaking News.

Mar 15, 2023 05:50

DOJ and SEC to probe SVB collapse and insider stock sales: Report

The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regulators last week amid a historic bank run.  According to “people familiar with the matter,” — cited in a March 14 report from The Wall Street [...]

The post DOJ and SEC to probe SVB collapse and insider stock sales: Report appeared first on Crypto Breaking News.

Aug 02, 2023 05:50

Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin

United States-based software development company MicroStrategy is planning to raise up to $750 million via a stock sale and says it may use the proceeds to buy more Bitcoin (BTC).  In a filing to the Securities and Exchange Commission on Aug. 1, MicroStrategy announced it has entered into a sales agreement with three companies — [...]

The post Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin appeared first on Crypto Breaking News.

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