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Court Approves $37.5M Cash Settlement With Silvergate Capital Corporation in Securities Fraud Class Action
Cohen Milstein
Today, a federal judge in California granted final approval of a $37.5 million cash settlement between investors and Silvergate Capital Corporation, the holding company for Silvergate Bank, resolving a securities fraud class action against the bank. A premier banking service provider to cryptocurrency platforms, Silvergate Bank allegedly made materially false and misleading statements about the integrity of the bank’s compliance framework, particularly its customer monitoring and anti-money laundering assurance programs.
Rich Trumka Jr. Joins Cohen Milstein’s Public Client Practice
Cohen Milstein
Agnieszka Fryszman, L’96, Named Georgetown Law’s 2025-26 Drinan Chair in Human Rights
Georgetown Law
Court Denies UFC’s Attempt to Block Fighters’ Class Cert.
Law360