Wolters Kluwer’s Bank Failures Litigation and Investigation Tracker is new resource for corporate legal departments that provides updates on litigation and investigations of recent bank failures. Available on VitalLaw® for Corporate Counsel, the Bank Failures Litigation and Investigation Tracker outlines important steps for keeping abreast of the legal and regulatory consequences of a bank failure.
Following the recent bank failures, Federal authorities, including the Department of Justice, the Securities and Exchange Commission, and the Federal Reserve, have initiated investigations into the causes of the bank failures. Congressional investigations are also likely to follow. Additionally, at least one class action lawsuit has already been filed with respect to the Silicon Valley Bank failure, with more expected to follow. Understanding the basis for these claims will be important for all affected parties to determine whether participation in this ongoing litigation is both permitted and warranted. Wolters Kluwer will provide up-to-date reporting on the progress of these lawsuits and investigations.
Wolters Kluwer’s Bank Failures Litigation and Investigation Tracker covers the following areas:
- Lawsuits filed
- Important rulings and decisions in lawsuits
- Investigations started
- The progress of those investigations, and final results or conclusions