{"id":749705,"date":"2023-04-20T13:44:15","date_gmt":"2023-04-20T17:44:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/"},"modified":"2023-04-20T13:44:15","modified_gmt":"2023-04-20T17:44:15","slug":"shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/","title":{"rendered":"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  20, 2023  (GLOBE NEWSWIRE) &#8212; The Gross Law Firm issues the following notice to shareholders of <strong>Signature Bank.<\/strong><\/p>\n<p>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.<\/p>\n<p align=\"center\">CONTACT US HERE:<\/p>\n<p align=\"center\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KSVraw3tdpKP8zemj0mqV093svg1woe-5NhKzN6YAZgRGK5tFDTEGnWDt46RGNqy8hsRQlCbgdkxjN8KJG9Ky7YNuGhq8znc9uqjyLLIJVHbn2NdncP81WkWStapv1eqzFT_Lkl_7FJI1aIWOyhdFOO7c-J8MHyib97qzt2lLBao16-7IeXxA9z-urbDh9pqIC2bz20RjnR0pIv8BBYr00E9UYlmL2SV65sCvFQvLMc1wFigczwK2rEjHcKOQet-wLrJiKluTMnlguepDez6Ng==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/signature-bank-lawsuit-submission-form\/?from=3<\/a>\n      <\/p>\n<p>\n        <strong>CLASS PERIOD: <\/strong>March 23, 2020 to March 12, 2023<\/p>\n<p>\n        <strong>ALLEGATIONS: <\/strong>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 (\u201cDFS\u201d); (2) as a result, it became a target for regulatory action by the DFS, and (3) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times.<\/p>\n<p>\n        <strong>DEADLINE: May 15, 2023<\/strong> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KSVraw3tdpKP8zemj0mqV093svg1woe-5NhKzN6YAZgRGK5tFDTEGnWDt46RGNqy8hsRQlCbgdkxjN8KJG9Ky7YNuGhq8znc9uqjyLLIJVHbn2NdncP81WkWStapv1eqPHnRefHf9qYTpNWt-cIodq2VymnMq4s4vi4ap37CeMDhWZecDZeCPi2Mu-0B8QSKwh8UjftPqUqA6bKTGZTCd4iJi6ITtMFHQgN7GtmSJslOtgYzmkupWOvXMzKHnugMqzPiBXnqb1VwjtV6tJQtmg==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/securitiesclasslaw.com\/securities\/signature-bank-lawsuit-submission-form\/?from=3<\/a><\/p>\n<p>\n        <strong>NEXT STEPS FOR SHAREHOLDERS: <\/strong>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.<\/p>\n<p>\n        <strong>WHY GROSS LAW FIRM? <\/strong>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&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <strong>CONTACT:<\/strong><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/>New York, NY, 10018<br \/>Email: dg@securitiesclasslaw.com<br \/>Phone: (646) 453-8903<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMTY3NSM1NTM2NjU5IzIyNTg5MTc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTU4OTQ5ZTAtOTBhNy00MzBiLWIxNDMtYzI0OWM1MWZhNDRkLTEyNzA0Njc=\/tiny\/The-Gross-Law-Firm.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) &#8212; 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. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/signature-bank-lawsuit-submission-form\/?from=3 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749705","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) &#8212; 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. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/signature-bank-lawsuit-submission-form\/?from=3 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 &hellip; Continue reading &quot;SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-20T17:44:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMTY3NSM1NTM2NjU5IzIyNTg5MTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY)\",\"datePublished\":\"2023-04-20T17:44:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\\\/\"},\"wordCount\":394,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgxMTY3NSM1NTM2NjU5IzIyNTg5MTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\\\/\",\"name\":\"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY) - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/","og_locale":"en_US","og_type":"article","og_title":"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY) - Market Newsdesk","og_description":"NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) &#8212; 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. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/signature-bank-lawsuit-submission-form\/?from=3 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 &hellip; Continue reading \"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/","og_site_name":"Market Newsdesk","article_published_time":"2023-04-20T17:44:15+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMTY3NSM1NTM2NjU5IzIyNTg5MTc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY)","datePublished":"2023-04-20T17:44:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/"},"wordCount":394,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMTY3NSM1NTM2NjU5IzIyNTg5MTc=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-the-gross-law-firm-reminds-shareholders-of-signature-bank-of-a-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-15-2023-nasdaq-sbny\/","name":"SHAREHOLDER ALERT: The Gross Law Firm Reminds Shareholders of Signature Bank of a Class Action Lawsuit and a Lead Plaintiff Deadline of May 15, 2023 \u2013 (NASDAQ: SBNY) - 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