Only FDIC Can Sue Over Signature Bank Collapse, Judge Says <https://www.law360.com/newyork/articles/2314390?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-03-24&read_main=1&nlsidx=0&nlaidx=19>
By Rae Ann Varona A New York federal judge on Friday tossed a shareholder lawsuit over alleged misstatements about Signature Bank's health ahead of its 2023 collapse, saying shareholders lacked standing to sue in light of the FDIC being a receiver of both the failed bank's assets and rights of the bank's stockholders. Order attached | Read full article » <https://www.law360.com/newyork/articles/2314390?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-03-24&read_more=1&nlsidx=0&nlaidx=19> | Save to favorites » <https://www.law360.com/newyork/articles/2314390?nl_pk=b53aa520-5013-4a8d-a57c-18936227adef&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2025-03-24&read_later=1&nlsidx=0&nlaidx=19>