BOSTON, Oct. 17, 2022 (GLOBE NEWSWIRE) — Block & Leviton is investigating Flagstar Bancorp, Inc. (NYSE: FBC) for possible securities law violations. Investors who have lost money investing in Flagstar Bancorp, Inc. should do so contact the company to learn more about how to make up for those losses. For more information, see https://www.blockleviton.com/cases/fbc.

Why is?

On October 6, 2022, the agreement for NY Community Bancorp’s proposed acquisition of Flagstar Bancorp expanded following a report that the US Department of Justice (“DOJ”) was considering filing a lawsuit against Flagstar Bancorp over allegations of racial discrimination.

Possible allegations include that black Flagstar Bancorp customers paid more for home loans than other bank customers.

Flagstar Bancorp shares fell more than 8% in intraday trade on October 6, 2022.

Who is Eligible?

Anyone who has bought Flagstar Bancorp, Inc. stock and lost money may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton for more information.

What does Block & Leviton do?

Block & Leviton is investigating whether the company has violated securities laws and may file a lawsuit to try to recover losses on behalf of investors who have lost money.

What should you do next?

If you’ve lost money on your investment, you should contact Block & Leviton to learn more about ours case website, by email at [email protected]or by calling (617) 398-5600.

Why should you contact Block & Leviton?

Many law firms have issued press releases in this regard; Most of these firms do not conduct securities class actions. Block & Leviton is a law firm that actually hears cases. We seek significant recoveries on behalf of defrauded investors through active litigation in federal courts across the country. Many of the best institutional…