First Republic Bank

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Company Name	First Republic Bank
Stock Symbol	FRC

On March 13, 2023, First Republic led a decline in bank shares over concerns that it may not have sufficient liquidity, even after securing emergency funding from other institutions. Raymond James downgraded the stock, stating that, “[d]espite the added liquidity sources, we believe deposit balances will remain under pressure in the immediate near term.”

On this news, First Republic’s stock price fell $50.55, or 61.8%, to close at $31.21 per share on March 13, 2023, thereby injuring investors.

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If you suffered a loss on your First Republic Bank investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

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