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VANTAA, Finland - Gavin McKenna scored twice in the span of one minute and 45 seconds in the first period as Canada opened with a 6-3 win over Sweden on Thursday at the world men's under-18 hockey championship.
Signature Bank and three former top executives were sued on Tuesday by shareholders who accused the New York bank of fraudulently proclaiming it was financially strong a mere three days before it was seized by a state regulator. The proposed class action against Signature and its former chief executive officer Joseph DePaolo, chief financial officer Stephen Wyremski and chief operating officer Eric Howell was filed in the federal court in Brooklyn. It seeks unspecified damages for shareholders between March 2 and 12 when New York's Department of Financial Services took over Signature, t...
The failure of Signature Bank in New York could lead to delays in accessing capital by the many midsize law firms that used its services, despite the government’s takeover of the financial institution, according to reporting by Law.com.
By Jonathan Stempel NEW YORK (Reuters) - Signature Bank and three former top executives were sued on Tuesday by shareholders who accused the New York ...
The plaintiffs claimed that Signature Bank hid its susceptibility to a takeover by making false or misleading statements about its health.