{"id":87415,"date":"2023-03-26T00:15:23","date_gmt":"2023-03-26T00:15:23","guid":{"rendered":"http:\/\/kuwaitnewsgazette.com\/?guid=80af0be60a669d3efd1de5ea29eb1ae0"},"modified":"2023-03-26T00:15:23","modified_gmt":"2023-03-26T00:15:23","slug":"rosen-leading-investor-counsel-encourages-western-alliance-bancorporation-investors-to-inquire-about-securities-class-action-investigation-wal","status":"publish","type":"post","link":"https:\/\/kuwaitnewsgazette.com\/rosen-leading-investor-counsel-encourages-western-alliance-bancorporation-investors-to-inquire-about-securities-class-action-investigation-wal\/","title":{"rendered":"ROSEN, LEADING INVESTOR COUNSEL, Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation \u2013 WAL"},"content":{"rendered":"
\n

NEW YORK, March 25, 2023 (GLOBE NEWSWIRE) —<\/p>\n

WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Western Alliance Bancorporation (NYSE: WAL) resulting from allegations that Western Alliance may have issued materially misleading business information to the investing public.<\/p>\n

SO WHAT:<\/strong> If you purchased Western Alliance securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the prospective class action, go to https:\/\/rosenlegal.com\/submit-form\/?case_id=12994<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

WHAT IS THIS ABOUT:<\/strong> On March 10, 2023, Business Insider<\/em> reported after Silicon Valley Bank\u2019s $1.8 billion loss, shares of Western Alliance have crashed. The Company issued financial updates, \u201cshowing growing deposits and strong liquidity in the form $2.5 billion in cash on its balance sheet, a fully collateralized credit facility of $13.1 billion, and uncommitted credit lines of $4.6 billion.\u201d<\/p>\n

On this news, Western Alliance\u2019s price fell $13.02 per share, or 20%, to close at $49.34 per share on March 10, 2023.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\n
lrosen@rosenlegal.com<\/a>
\n
pkim@rosenlegal.com<\/a>
\n
cases@rosenlegal.com<\/a>
\n
www.rosenlegal.com<\/a> <\/p>\n

GlobeNewswire Distribution ID 8795493<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, March 25, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Western Alliance Bancorporation (NYSE: WAL) resulting from allegations that Western Alliance may have issued materially misleading business information to the investing public. SO WHAT: If you [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"yoast_head":"\nROSEN, LEADING INVESTOR COUNSEL, Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation \u2013 WAL - Kuwait News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuwaitnewsgazette.com\/rosen-leading-investor-counsel-encourages-western-alliance-bancorporation-investors-to-inquire-about-securities-class-action-investigation-wal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ROSEN, LEADING INVESTOR COUNSEL, Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation \u2013 WAL - Kuwait News Gazette\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 25, 2023 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Western Alliance Bancorporation (NYSE: WAL) resulting from allegations that Western Alliance may have issued materially misleading business information to the investing public. 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