[March 15, 2023]

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Signature Bank (SBNY) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of Signature Bank ("Signature Bank" or the "Company") (NASDAQ: SBNY; SBNYP) investors concerning the Company's possible violations of federal securities laws.

On March 12, 2023, the New York Department of Finacial Services ("DFS") announced that it had taken possession of Signature Bank to protect depositors pursuant to Section 606 of New York Banking Law. Trading in the Company's shares was halted and remain halted, thereby injuring investors.

If you purchased Signature Bank securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230315005879/en/

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