NYCB Potentially Misrepresented Offering Material to Former Flagstar Stockholders during Merger

In violation of Section 11 of the Securities Act of 1933, former Flagstar employees who purchased New York Community Bank common stock based upon the allegedly misrepresented registration statement and offering materials put out by NYCB may have incurred losses during the fall of the NYCB common stock. It is the responsibility of the stock issuer, in this case New York Community Bank, to accurately represent the registration statement and offering materials presented to potential stockholders, including providing truthful and accurate information on the current and future health of the common stock. Based on the alleged misrepresentations and omissions of NYCB, the company would be liable for the damages experienced by affected former Flagstar employees.

Are you a former Flagstar employee who acquired New York Community Bank common stock pursuant to the allegedly misrepresented offering material and registration statement put out by NYCB? Did you lose funds as a result of these alleged omissions and misrepresentations? Let us know! Fill out the attached form and join the Shub & Johns investigation today!