NYCB Faces Investor Suit Over Signature Bank Takeover <https://www.law360.com/newyork/articles/1794922?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-08&read_main=1&nlsidx=0&nlaidx=21>
By Katryna Perera New York Community Bancorp has been hit with a class action by an investor who claims the bank failed to disclose that it had a deteriorating book of loans which would, in turn, cause major losses and force it to cut its quarterly dividend to preserve capital, following its acquisition of assets from the now-defunct Signature Bank. Complaint attached | Read full article » <https://www.law360.com/newyork/articles/1794922?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-08&read_more=1&nlsidx=0&nlaidx=21> | Save to favorites » <https://www.law360.com/newyork/articles/1794922?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-02-08&read_later=1&nlsidx=0&nlaidx=21>
