Faruqi Law Firm will initiate a class action against Silvergate

ChainCatcher news, according to a press release, the securities law firm Faruqi & Faruqi, LLP is investigating the cryptocurrency bank Silvergate and will initiate a class action lawsuit. The firm reminds investors that if they suffered losses exceeding $100,000 from investing in Silvergate stock or options between November 9, 2021, and November 17, 2022, they can contact them, with the deadline for claims being February 6, 2023.

ChainCatcher previously reported that the law firm Pomerantz LLP announced it has filed a class action lawsuit against Silvergate and some executives. (source link)