other
confidence high
sentiment neutral
materiality 0.15
NYCB amends bylaws to add exclusive forum provision, remove DiNello reference
FLAGSTAR BANK, NATIONAL ASSOCIATION
- Adopted Delaware Court of Chancery as exclusive forum for derivative, fiduciary duty, and internal corporate claims.
- Federal courts designated exclusive forum for Securities Act of 1933 claims, unless company consents otherwise.
- Removed prior reference to Alessandro P. DiNello serving as Executive Chair before April 1, 2024.