Credit: Antonio/Adobe Stock Shareholder Claims Mount Against NY Community Bancorp in EDNY
Three new lawsuits bring the total number of new EDNY cases filed this month against NYCB, which has been the parent company of Flagstar Bank for more than a year, to six, all related to how the company handled a postmerger spike in loan losses.
February 28, 2024 at 02:40 PM
3 minute read
Mergers and Acquisitions
Litigation continues to pile up against New York Community Bancorp Inc. in the Eastern District of New York, with three derivative cases filed on Tuesday.
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