Lemm, Jr. v. New York Community Bancorp, Inc. et al
Case Number:
1:24-cv-00903
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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May 08, 2024
Labaton, Boston Pension Win Bid to Lead NYCB Investor Suit
A New York magistrate judge appointed Boston's municipal pension plan and its attorneys from Labaton Keller Sucharow LLP to lead a proposed securities class action against New York Community Bancorp Inc. after the pension plan successfully showed that the plaintiff with the greatest losses bought their shares too late.
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April 09, 2024
Six Firms Vie To Lead NY Community Bank Losses Suit
Six firms seek to represent a proposed class of investors in a consolidated proposed class action alleging New York Community Bank misled investors about its struggles following its 2022 acquisition of Flagstar Bank and its 2023 acquisition of certain Signature Bank assets.
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February 28, 2024
No Dearth Of Suits Against NY Bank Over Real Estate Losses
Investor lawsuits are piling up in federal court against New York Community Bank after it reported $252 million in fourth quarter losses following its acquisitions of Flagstar Bank in 2022 and a Signature Bank portfolio last year that nearly doubled the size of the regional lender.
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February 07, 2024
NYCB Faces Investor Suit Over Signature Bank Takeover
New York Community Bancorp has been hit with a class action by an investor who claims the bank failed to disclose that it had a deteriorating book of loans which would, in turn, cause major losses and force it to cut its quarterly dividend to preserve capital, following its acquisition of assets from the now-defunct Signature Bank.