
NYCB targeted class action lawsuit
NYCB faces class-action lawsuit over securities fraud allegations. Bank's shares tumble 60% after Moody's downgrades credit rating to "junk."
7939 NW 21st St
Miami, Florida
NYCB faces class-action lawsuit over securities fraud allegations. Bank's shares tumble 60% after Moody's downgrades credit rating to "junk."
US stocks slumped as Fitch Ratings downgraded the credit rating of the US government, causing European equities to tumble as well.