Join The Class Action Suit
Company: New York Community Bancorp, Inc.
Kaskela Law LLC is investigating New York Community Bancorp, Inc. (NYSE: NYCB) (“NYCB”) on behalf of the Company’s stockholders.
On April 26, 2021, NYCB announced that it had entered into an agreement to merge with Flagstar Bancorp, Inc. (“Flagstar”). According to the announcement, in connection with the proposed transaction NYCB plans to issue over 210 million shares of common stock to Flagstar’s shareholders, who are expected to own approximately 32% of the combined company upon completion of the transaction.
The investigation seeks to determine whether NYCB’s executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, and whether NYCB stockholders are receiving all material information in connection with the transaction.
NYCB stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585, or by completing the information form on this page, for additional information about this investigation and their legal rights and options with respect to this transaction.