Western Alliance Bancorporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
We also encourage you to contact Lesley F. Portnoy of The Portnoy Law Firm, at 310.692.8883, to discuss your rights free of charge. You can also reach us through the firm’s website at www.portnoylaw.com, or by email at info@portnoylaw.com.
If you choose to take no action, you can remain an absent class member.
Joining the case through the Portnoy Law website enables investors to learn about their legal claims and take an active role in recovering their losses.
The Portnoy Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
The inquiry is centered around whether the Company made inaccurate or deceptive statements and/or neglected to reveal important information to investors. Western Alliance is the topic of a Business Insider article that was released on March 10, 2023. As per the article, the Company presented financial statements that displayed a rise in deposits and solid liquidity, including $2.5 billion in cash on its balance sheet, a $13.1 billion fully collateralized credit facility, and uncommitted credit lines worth $4.6 billion. Following the publication of this piece, the stock prices of Western Alliance plummeted by over 20% on the same day. The Company’s shares continued to decline in intraday trading on March 13, 2023.
