FDIC Sues 17 Former Silicon Valley Bank Execs Over Collapse

Slashdot
By BeauHDJan 17, 2025, 7:45 pm195 ptsTrending
"The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty," reports Reuters. The move comes almost two years after Silicon Valley Bank's March 2023 collapse, which shocked financial…

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