March 06, 2026
Convicted venture capitalist and self-described "Silicon Valley's party animal" Michael Rothenberg's conduct in his lawsuit against the Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, "consisted almost entirely of ignoring or frustrating" his litigation obligations, a California federal judge ruled in throwing out the case.
September 08, 2023
The Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, has asked a California federal judge to dismiss a 2018 suit alleging that the bank's unauthorized transfer of $4.25 million into the account of a venture capitalist firm created the false appearance of embezzlement and caused significant damage to the firm.