CLASS ACTION UPDATE for SIVBQ, HBNC and TSE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

PRESS RELEASE
Published April 21, 2023

NEW YORK, NY / ACCESSWIRE / April 21, 2023 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

SIVBQ Shareholders Click Here: https://zlk.com/pslra-1/svb-financial-group-information-request-form?prid=38479&wire=1
HBNC Shareholders Click Here: https://zlk.com/pslra-1/horizon-lawsuit-submission-form?prid=38479&wire=1
TSE Shareholders Click Here: https://zlk.com/pslra-1/trinseo-plc-lawsuit-submission-form?prid=38479&wire=1

* ADDITIONAL INFORMATION BELOW *

Levi & Korsinsky, LLP, Friday, April 21, 2023, Press release picture

SVB Financial Group (OTC PINK:SIVBQ)

SIVBQ Lawsuit on behalf of: investors who purchased June 16, 2021 - March 10, 2023
Lead Plaintiff Deadline : May 12, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/svb-financial-group-information-request-form?prid=38479&wire=1

According to the filed complaint, during the class period, SVB Financial Group made materially false and/or misleading statements and/or failed to disclose that: (1) the Company failed to disclose to investors the risks presented by impending rising interest rates; (2) the Company failed to disclose to investors that, in an environment with high interest rates, SVB would be worse off than banks that did not cater to tech startups and venture capital-backed companies; (3) the Company failed to disclose that, if its investments were negatively affected by rising interest rates, it was particularly susceptible to a bank run; (4) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

Horizon Bancorp, Inc. (NASDAQ:HBNC)

HBNC Lawsuit on behalf of: investors who purchased March 9, 2022 - March 10, 2023
Lead Plaintiff Deadline : June 20, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/horizon-lawsuit-submission-form?prid=38479&wire=1

According to the filed complaint, during the class period, Horizon Bancorp, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company maintained deficient internal accounting controls relating to its classification of certain loan balances and securities; (ii) as a result of the foregoing deficiencies, throughout 2022 the Company issued quarterly financial statements containing errors that would require subsequent revision; (iii) restatement of the foregoing financial statements would hinder the Company's ability to timely file its annual report for 2022; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Trinseo PLC (NYSE:TSE)

TSE Lawsuit on behalf of: investors who purchased May 3, 2021 - March 27, 2023
Lead Plaintiff Deadline : June 20, 2023
TO LEARN MORE, VISIT: https://zlk.com/pslra-1/trinseo-plc-lawsuit-submission-form?prid=38479&wire=1

According to the filed complaint, during the class period, Trinseo PLC made materially false and/or misleading statements and/or failed to disclose that: (1) the Companys Bristol, Pennsylvania plant had a troubled safety record while under prior ownership and continued to be unsafe after the Company acquired it; (2) defendants did not sufficiently disclose specific risks related to conducting operations at that plant; (3) operating a chemical plant with an unsafe history and presently unsafe operations exposed the Company to a heightened risk of a chemical spill or other adverse events; and (4) as a result, defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
55 Broadway, 4th Floor Suite #427
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



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