In re SVB Financial Group Securities Litigation

1 UNITED STATES DISTRICT COURT 2 NORTHERN DISTRICT OF CALIFORNIA 3 IN RE SVB FINANCIAL GROUP 4 SECURITIES LITIGATION Case No. 23-cv-01097-NW 5 ORDER DENYING EXCHANGE 6 DEFENDANTS’, KPMG, AND SECURITIES DEFENDANTS’ 7 MOTIONS TO DISMISS 8 Re: ECF Nos. 121, 122, 123, 124, 125 9 This is a putative class action for securities fraud against former officers, directors, 10 underwriters, and an auditor of Silicon Valley Bank Financial Group (“SVBFG”), the parent 11 company of Silicon Valley Bank (“SVB” or the “Bank”) (collectively, “Defendants”). Lead 12 Plaintiffs Norges Bank and Sjunde AP-Fonden…