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New York Community Bancorp, Inc. (NYCB) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NYCB

NEW YORK, NY / ACCESSWIRE / February 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of New York Community Bancorp, Inc. (NYCB) ("NYCB" or "the Company") (NYSE:NYCB). Investors who purchased NYCB securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NYCB.

Investigation Details:

On January 31, 2024, NYCB issued a press release announcing its financial results for the fourth quarter and full year 2023. Among other items, the Company disclosed a net loss of $252 million and diluted earnings per share of -$0.36 for the quarter, citing a reserve build to meet stricter capital requirements following its acquisitions of Flagstar Bank and Signature Bank. On this news, NYCB's stock price fell sharply during intraday trading on January 31, 2024.

What's Next?

If you are aware of any facts relating to this investigation or purchased NYCB securities, you can assist this investigation by visiting the firm's site: bgandg.com/NYCB. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman:

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
332-239-2660 | info@bgandg.com

SOURCE: Bronstein, Gewirtz and Grossman, LLC



View the original press release on accesswire.com

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