Western Alliance Bancorporation
| Company Name | Western Alliance Bancorporation |
| Stock Symbol | WAL |
On October 16, 2025, Western Alliance disclosed information about one of its credit relationships, including that the Company had initiated a lawsuit alleging fraud by a borrower in failing to provide collateral loans in first position, among other claims.
The subject lawsuit claims, among other issues, the borrower breached a business loan and security agreement by forging title policies related to the lien on properties underlying several loans.
On this news, Western Alliance’s stock price fell $8.52, or 10.81%, to close at $70.32 on October 16, 2025, thereby injuring investors.
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