Legal experts said a possible focus of the investigation could be insider sales by several bank executives in the weeks before the bank’s failure.
The Justice Department has opened an investigation into the collapse of Silicon Valley Bank, the California lender that was taken over by federal regulators on Friday after its depositors rushed to pull their money out of the bank, two people with knowledge of the matter said.
The investigation is in its early stages and it is unclear just what federal prosecutors are focused on, the person said. A Justice Department spokesman declined to comment.
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