The Justice Department and the Securities and Exchange Commission have launched investigations into the collapse of Silicon Valley Bank, a person familiar with the matter told The Associated Press.
The investigations – which are separate inquiries – are in the early stages and will also examine the actions of the bank’s senior executives, the person said.
The Justice Department’s investigation involves federal prosecutors in California, along with prosecutors involved in fraud cases, the person said.
The person was not authorized to publicly discuss the specific details of the ongoing investigations and spoke to the AP on condition of anonymity.
BATON ROUGE — Following two escapes within days of each other from the East Baton Rouge Parish Juvenile Detention Center, facility leaders and the East Baton Rouge Parish Jail Task Force toured the detention center […]
ASCENSION– A fugitive from St. John the Baptist Parish was arrested after allegedly hitting an Ascension deputy’s vehicle and fleeing. Officials say Ascension Parish Sheriff’s deputies arrested Anthony Manson, 28, and Manson was charged with […]
BATON ROUGE — There will be a memorial Wednesday evening to honor three Southern University band members who were killed one year ago. December 6 marks the one-year anniversary of the tragic deaths of Southern […]