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NYCB, "identified material weaknesses in the Company's internal controls related to internal loan review."
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Shareholders who incurred losses during the class period have until April 8, 2024, to move the court to become the lead plaintiff in this action.
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On January 31, 2024, Moody's said it had placed NYCB on review for a downgrade, which could put the bank into the "junk" territory.