VC sues Silicon Valley Bank, claiming a bank error tanked his once high-flying firm
August 21, 2018 at 09:59 AM EDT
A young venture capitalist who six years ago made a splash in Silicon Valley with his penchant for lavish parties is suing Silicon Valley Bank, claiming an error in late 2015 set off a series of events that ultimately toppled his firm. Separately, he also settled with the SEC over fraud charges.