The Law Offices of Frank R. Cruz announces an investigation of Western Alliance Bancorporation (“Western Alliance” or the “Company”) (NASDAQ: WAL) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON WESTERN ALLIANCE (WAL), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

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.

Contact Us To Participate or Learn More:

If you purchased Western Alliance securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz,

2121 Avenue of the Stars, Suite 800,

Century City, California 90067

Call us at: 310-914-5007

Email us at: info@frankcruzlaw.com

Visit our website at: www.frankcruzlaw.com.

Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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