Oklahoma City, OK (April 25, 2023) – Federman & Sherwood announces that on April 24, 2023, a class action lawsuit was filed in the United States District Court for the Northern District of California against First Republic Bank (NYSE: FRC).  The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is January 14 2021 through March 14, 2023.

The lawsuit seeks to recover damages on behalf of all First Republic Bank shareholders who purchased common stock during the Class Period.  You may move the Court no later than Friday, June 23, 2023, to serve as a lead plaintiff on behalf of the Class. 

If you wish to join this action or obtain further information, please contact: Lacrista A. Bagley at lab@federmanlaw.com or visit the firm’s website at www.federmanlaw.com.