FDIC Can't Nix SVB Trust's Claims Feds Must Turn Over $1.93B

By Dorothy Atkins · February 28, 2025, 7:13 PM EST

A California federal judge has tossed a pair of claims from SVB Financial Trust's lawsuit alleging that the FDIC wrongfully took control of $1.93 billion in deposits amid Silicon Valley Bank's...

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Documents

Case Information

Case Title

SVB Financial Trust v. Federal Deposit Insurance Corporation

Case Number

5:23-cv-06543

Court

California Northern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

December 19, 2023