SVB Chief Becker Hires Defense Lawyers in Securities Fraud Suit

Silicon Valley Bank Chief Executive Officer Greg Beckerhas hired defense lawyers for a shareholder suit accusing him and the bank of securities fraud.

James Kramer and Alex Talarides, both San Francisco partners at Orrick, Herrington & Sutcliffe, are now representing Becker, according to a court filing in the shareholder case. It’s unclear if the two are also representing Becker in other matters, including probes of the bank’s failure by the Justice Department, Securities and Exchange Commission and Federal Reserve.

Both Kramer and Talarides declined to comment.

Greg Becker

Photographer: Patrick T. Fallon/AFP/Getty Images

Last week, Becker and SVB Chief Financial Officer Daniel Beck ...