BigClassActions.com
Advertisement

Flagstar Bancorp, Inc NYSE:FBC Securities Lawsuit

- by

Company: Flagstar Bancorp, Inc
Ticker Symbol: NYSE:FBC
Class Period: Jan-22-14 to Aug-26-14
Date Filed: Oct-28-14
Lead Plaintiff Deadline: Dec-27-14
Court: Eastern District of Michigan
Allegations:
Los Angeles, CA: A securities class action lawsuit has been commenced in the United States District Court for the Eastern District of Michigan on behalf of investors who purchased Flagstar Bancorp, Inc. ("Flagstar"or the "Company") (NYSE:FBC) common stock between January 22, 2014 and August 26, 2014.

The complaint alleges that throughout the class period, the Company failed to disclose that since 2011 the Company' loss mitigation practices and default servicing operations were not in compliance with various federal consumer financial laws promulgated by the Consumer Financial Protection Bureau. On August 26, 2014, the Company announced it has begun settlement discussions with the Consumer Financial Protection Bureau regarding allegations of violations dating back to 2011.



If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Flagstar Bancorp, Inc NYSE:FBC Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Flagstar Bancorp, Inc securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.

Maybe it's your stockbroker

Add Your Comment on This Issue

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Request Legal Help