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PacWest Bancorp

PACW

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
November 13, 2023

Days Left:
-245

calendar

PacWest Bancorp Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (i) PacWest had understated the impact of interest rate hikes on Pacific Western Bank (“PWB”), a smaller bank with excessive concentration in specific industries; (ii) accordingly, the Company had overstated the stability and/or sustainability of its deposit base; (iii) as a result, PacWest was exceptionally vulnerable to excessive deposit flows and/or a liquidity crisis; and (iv) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of PacWest purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in PacWest during the relevant time frame, you have until November 13, 2023 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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