April 12, 2021
Boston Private Financial Holdings, Inc. has been considering a transaction in which SVB Financial Group would acquire it. However, the complaint for this class action alleges that the Definitive Proxy Statement filed with the Securities and Exchange Commission (SEC) “omits or misrepresents material information” about certain matters. The complaint claims the Proxy Statement therefore violates Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 14a-9.
Case Event File: Boston Private Financial Holdings Proxy Statement Omissions LawsuitRelated to: Boston Private Financial Holdings (BPFH) Proxy Statement Omissions Lawsuit