Silvergate Securities Litigation Settlement
This settlement is closed to new claims — the deadline was October 21, 2025. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Silvergate Capital Corporation and other defendants allegedly violated federal securities laws by making false and misleading statements about Silvergate Bank's vetting, due diligence, and monitoring of customers. The defendants have agreed to pay $37.5 million to settle the securities class action without admitting wrongdoing.
Do you qualify?
All persons and entities who purchased or acquired Silvergate Capital's publicly traded common stock from November 7, 2019 through March 21, 2023, or who purchased Silvergate Capital securities in connection with specific 2021 securities offerings (common stock offerings in January, March-May, and December 2021, and a preferred stock initial public offering in July 2021).
How to file
Submit a signed Claim Form postmarked no later than October 21, 2025. The form can be obtained from the settlement website. You must provide documentation of your securities purchases to be eligible for payment.
Common questions
- How much does the Silvergate Securities Litigation Settlement pay?
- The total settlement fund is $37.5M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the Silvergate Securities Litigation Settlement?
- This settlement is closed to new claims — the deadline was October 21, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the Silvergate Securities Litigation Settlement?
- Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
- Is the Silvergate Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at silvergatesecuritieslitigation.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Silvergate Securities Litigation Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for September 3, 2025; no payments can be issued before a settlement receives final approval.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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