Valley

Silicon Valley Bank Hit With Lawsuit For Failing To Disclose Risks To Shareholders Katelynn Richardson on March 13, 2023 A Silicon Valley Bank (SVB) shareholder filed a class-action lawsuit against …

By Martin Coulter (Reuters) – Not long after California startups started pulling money out of troubled Silicon Valley Bank, entrepreneurs in other parts of the world woke up to the …

‘Corporate Bailouts Must End’: 2024 GOP Candidates Weigh In On Silicon Valley Bank’s Collapse Mary Lou Masters on March 13, 2023 The collapse of Silicon Valley Bank (SVB) has sparked …

WASHINGTON (Reuters) – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting …

WASHINGTON (Reuters) – Silicon Valley Bank customers will have access to their deposits starting on Monday, U.S. officials said on Sunday. “Depositors will have access to all of their money …

WASHINGTON (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the White House …

(Reuters) – U.S. lawmakers met with the Federal Reserve and Federal Deposit Insurance Corporation on Friday to discuss the collapse of SVB Financial Group, Coindesk reported on Saturday citing a …

(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit ratings on Silicon Valley Bank’s …

(Reuters) – Residential solar companies Sunrun Inc and Sunnova Energy on Friday disclosed their exposure to SVB Financial Group, which has been closed down by California banking regulators. Sunrun stated …

          LOS ANGELES – A Tarzana man pleaded guilty today to federal criminal charges for running a nearly $6 million scheme in which he knowingly sold used skin-tightening medical devices …

PHILADELPHIA, PA – United States Attorney Jacqueline C. Romero announced that Jaire Chance, 27, of Philadelphia, has agreed to a consent judgment of $100,399, and Robert Day, 42, of Center …

BOISE – U.S. Attorney Josh Hurwit along with the College of Idaho, the Wassmuth Center for Human Rights, DOJ Community Relations Service, and the FBI are convening a United Against …

EDINBURG, Texas – Rio Grande Valley Sector (RGV) Border Patrol agents, along with state and local law enforcement departments, interdicted seven smuggling events leading to 36 arrests, including four rescues …

VALLEY STREAM, NY – Two winning lottery tickets were sold for Monday’s Take 5 evening drawing, each worth $17,849.50. The tickets were sold at Bargain Beverage on Franklin Avenue in …

COEUR D’ALENE – Dennen Trey George Fitterer-Usher, 24, of Spokane Valley, Washington, was sentenced this week to more than 14 years in federal prison for conspiracy to distribute a controlled …

By Erwin Seba WASHINGTON, Kan. (Reuters) – Farmer Bill Pannbacker got a call earlier this month from a representative from TC Energy Corp, telling him that its Keystone Pipeline, which …

You are here FOR IMMEDIATE RELEASE Thursday, December 15, 2022 COUNCIL BLUFFS, IA – Quinn Matthew Sorensen, age 23, of Missouri Valley, was sentenced on Tuesday, December 13, 2022, to …

          LOS ANGELES – A Diamond Bar man pleaded guilty today to a federal criminal charge for deliberately failing to pay more than $200,000 for one three-month period’s payroll taxes …

PORTLAND, Ore.—On December 13, 2022, a Happy Valley, Oregon man was sentenced to federal probation for illegally trafficking counterfeit gun accessories, including suppressors, scopes, grips and sights, from China for …

(Reuters) – Silicon Valley leaders welcomed Elon Musk’s management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire “the bravest, most creative person on …

FRESNO, Calif. — Due to the efforts of federal and local law enforcement agencies working together over the course of the past 18 months on an investigation targeting local criminal …

          LOS ANGELES – A San Gabriel Valley woman was sentenced today to 240 months in federal prison for causing tens of millions of dollars in losses to investors who …

          LOS ANGELES – A Southern California couple who fled to Montenegro to avoid serving lengthy prison sentences in a large COVID-relief fraud scheme were returned to the United States …

PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that Muhamad Aly Rifai, 49, of Easton, PA, was charged by Indictment with four counts of healthcare fraud stemming from his …

By Jane Lanhee Lee OAKLAND, Calif(Reuters) – Silicon Valley startup Cerebras Systems, known in the industry for its dinner plate-sized chip made for artificial intelligence work, on Monday unveiled its …