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New York Community Bancorp, Inc.

NYCB

Find Out if You Qualify for a Financial Reward by filling out the form below.

Lead Plaintiff Deadline:
April 08, 2024

Days Left:
-66

calendar

New York Community Bancorp, Inc. Form












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Allegations

The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company was experiencing higher net charge-offs and deterioration in its office portfolio; (2) as a result, NYCB was reasonably likely to incur higher loan losses; (3) as a result of the foregoing and NYCB’s status as Category IV bank, the Company was reasonably likely to increase its allowance for credit losses; (4) the Company’s financial results would be adversely affected; (5) to preserve capital, the Company would reduce quarterly common dividend to $0.05 per common share; and (6) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of New York Community Bancorp purchased or acquired during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in New York Community Bancorp during the relevant time frame, you have until April 08, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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