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Stock Market & Financial Investment News

News Breaks
February 6, 2013
05:22 EDTAGO, FBCFlagstar Bancorp to appeal court ruling on Assured Guaranty
Flagstar Bancorp (FBC), the holding company for Flagstar Bank, reported that on February 5, the U.S. District Court for the Southern District of New York issued a decision in the previously disclosed lawsuit filed by Assured Guaranty (AGO), formerly known as Financial Security Assurance. The Court granted judgment in favor of Assured on its claims for breach of contract against the bank in the amount of $90.1M plus contractual interest and attorneys' fees and costs to be determined. Flagstar strongly disagrees with the Court's ruling and intends to vigorously contest the outcome on appeal.
News For FBC;AGO From The Last 14 Days
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November 28, 2014
07:38 EDTAGOAssured Guaranty settlement with Credit Suisse a positive, says UBS
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