News From Law.com
Litigation continues to pile up against New York Community Bancorp Inc. in the Eastern District of New York, with three derivative cases filed Tuesday. The 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, 1:40 PM