LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of New York Community Bancorp, Inc. ("New York Community Bancorp," or "the Company") (NYSE:NYCB) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. New York Community Bancorp is the subject of a Reuters report published on January 31, 2024. According to the report, the Company "slashed its dividend and posted a surprise loss for the fourth quarter. The bank, which had bought assets of failed lender Signature Bank last year, said it was building capital to deal with potential enhanced regulation." Based on this news, shares of New York Community Bancorp fell by 35.5% in intraday trading on the same day.
The bank, which had bought assets of failed lender Signature Bank last year, said it was building capital to deal with potential enhanced regulation.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
310-301-3335
info@schallfirm.com
www.schallfirm.com
SOURCE: The Schall Law Firm
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