Bloomberg has reported that KPMG, Goldman Sachs, Bank of America, and Morgan Stanley are being sued over the collapse of Silicon Valley Bank in the federal court in San Francisco.
In a recent investor lawsuit based on alleged misstatements leading to the collapse of Silicon Valley Bank (SVB), KPMG was sued as the bank's auditor, along with underwriters including Goldman Sachs Group, Bank of America, Morgan Stanley, and Keefe, Bruyette & Woods. The complaint, filed in the federal court in...
