PHILADELPHIA, PA / ACCESSWIRE / May 31, 2021 / Kaskela Law LLC announces that is investigating New York Community Bancorp, Inc. (NYSE:NYCB) ("NYCB") on behalf of the Company's stockholders.
On April 26, 2021, NYCB announced that it had entered into an agreement to merge with Flagstar Bancorp, Inc. ("Flagstar"). According to the announcement, in connection with the proposed transaction NYCB plans to issue over 210 million shares of common stock to Flagstar's shareholders, who are expected to own approximately 32% of the combined company upon completion of the transaction.
The investigation seeks to determine whether NYCB's executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, and if NYCB stockholders are receiving all material information in connection with the proposed transaction.
NYCB stockholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 - 1585, or by email at [email protected] or online at https://kaskelalaw.com/case/new-york-community-bancorp-inc/, for additional information about this investigation and their legal rights and options with respect to this proposed transaction.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 - 1585
(888) 715 - 1740
www.kaskelalaw.com
[email protected]
SOURCE: Kaskela Law LLC