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Investors who lost money on New York Community Bancorp, Inc.(NYCB) should contact Levi & Korsinsky about pending Class Action - NYCB
Market Insider ^ | 3/23/24 | Press Release

Posted on 03/24/2024 6:34:03 AM PDT by Lockbox

THE LAWSUIT: A class action securities lawsuit was filed against New York Community Bancorp, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between March 1, 2023 and February 5, 2024.

CASE DETAILS: 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;

(Excerpt) Read more at markets.businessinsider.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: agjames; bank; fraud; newyork
HERE, here’s the injured parties AGJames! HERE’S the real crime AG James! Why no investigation? Why no charges? AG James, why are you not protecting NY Citizens?
1 posted on 03/24/2024 6:34:03 AM PDT by Lockbox
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To: Lockbox

To answer your question she is too busy prosecuting Donald Trump. She’s looking for the gold she’s going to get from George Soros from doing his work. She thinks George is the Lord.

Regarding a class action, most people will get about three cents per share back after it’s settled 15 years from now.


2 posted on 03/24/2024 6:54:11 AM PDT by ncfool (America has died we are living in the united socialist states of aMeriKa)
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To: Lockbox

There was an article posted here some weeks ago.
The “accounting error” was comical.
I recall the actual losses were over 11 times the reported losses.


3 posted on 03/24/2024 6:54:38 AM PDT by EEGator
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To: Lockbox

I eagerly await the federal criminal AND civil RICO charges brought against these Lawfare Generals.

It is essential that Trump hire lawfare warriors of his own. These antics must be followed up with even more force than Biden has deployed.

The time for a cabinet filled with the likes of the GOP poster boy as VP, the Keebler Elf as AG, CIA inc as Secretary of State is done.

It starts with the full and immediate disclosure of all the records, the firing of ever US Attorney, and the removal of lifetime appointments for US Judges.


4 posted on 03/24/2024 7:21:31 AM PDT by vg0va3
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To: ncfool

Yep. The big winners will be Levi and Korsinsky.


5 posted on 03/24/2024 8:17:09 AM PDT by Blurb2350 (posted from my 1500-watt blow dryer)
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To: vg0va3

Day one!


6 posted on 03/24/2024 9:39:53 AM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting…)
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To: ncfool

3 cents on the dollars! You maybe high 🤣🤣🤣🤣


7 posted on 03/24/2024 9:44:49 AM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting…)
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