SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Flagstar Bancorp, Inc. Merger
April 26, 2021 21:05 ET | Source: Rigrodsky Law, P.A Rigrodsky Law, P.A Wilmington, Delaware, UNITED STATES
WILMINGTON, Del., April 26, 2021 (GLOBE NEWSWIRE) Rigrodsky Law, P.A. announces that it is investigating Flagstar Bancorp, Inc. (“Flagstar”) (NYSE: FBC) regarding possible breaches of fiduciary duties and other violations of law related to Flagstar’s agreement to be acquired by New York Community Bancorp (“New York Community”) (NYSE: NYCB).
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-flagstar-bancorp-inc.
You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.
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NEW YORK, April 27, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Sterling Bancorp (NYSE: STL) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Webster Financial Corporation. Under the terms of the merger, Sterling Bancorp shareholders will receive a fixed exchange ratio of 0.463 of a Webster share for each share of Sterling Bancorp stock they own.
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Flagstar Bancorp, Inc. (NYSE: FBC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to New York Community Bancorp, Inc. Under the terms of the merger, Flagstar shareholders will receive 4.0151 shares of New York Community common stock for each Flagstar share they own. Upon closing, Flagstar shareholders are expected to own approximately 32% of the combined comp
RMR Mortgage Trust (NASDAQ: RMRM)
concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Tremont Mortgage Trust. RMR Mortgage is expected to issue common stock in connection with the merger.
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Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm
free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected].
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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TROY, Mich., April 26, 2021 /PRNewswire/ Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable June 15, 2021, to shareholders of record at the close of business June 1, 2021.
About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $29.4 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 87 retail locations in 27 states. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $247.4 billion of loans repre