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Western Alliance Alleges Fraud in Lawsuit Against Cantor Group V
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Western Alliance Alleges Fraud in Lawsuit Against Cantor Group V
Oct 16, 2025 9:00 AM

11:23 AM EDT, 10/16/2025 (MT Newswires) -- Western Alliance Bancorp ( WAL ) said Thursday it initiated a lawsuit against Cantor Group V in August for alleged fraud related to a note finance revolving credit facility.

The bank holding firm said in a regulatory filing that Western Alliance Bank has a note finance revolving credit facility with Cantor Group that is secured by pledged commercial real estate loans and cash proceeds. In the lawsuit, Western Alliance alleges Cantor failed to "provide collateral loans in first position, among other claims," according to the filing.

Western Alliance shares were down 6.2% in recent Thursday trading.

Price: 73.96, Change: -4.89, Percent Change: -6.20

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