San Diego, CA -- (SBWIRE) -- 09/03/2014 -- An investigation on behalf of investors of Flagstar Bancorp Inc (NYSE:FBC) shares over potential securities laws violations by Flagstar Bancorp Inc and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Flagstar Bancorp Inc (NYSE:FBC) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Flagstar Bancorp Inc (NYSE:FBC) concerning whether a series of statements by Flagstar Bancorp regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 22, 2014, Flagstar Bancorp Inc reported its fourth quarter and fully 2013 financial results. Among other things, Flagstar Bancorp Inc reported that is Net Loss of $374.81 million in 2010 turned into a Net Income of $261.20 million in 2013. Shares of Flagstar Bancorp Inc (NYSE:FBC) rose from $12.73 per share in April 2013 to as high as $22.57 per share in February 2014.

On August 26, 2014, Flagstar Bancorp, Inc., the holding company of Flagstar Bank, FSB (the "Bank"), announced that the Bank has commenced discussions with the Consumer Financial Protection Bureau, or CFPB, related to alleged violations of various federal consumer financial laws arising from the Bank's loss mitigation practices and default servicing operations dating back to 2011.

Flagstar Bancorp Inc said that the Bank previously provided the CFPB with documents and other information concerning the Bank’s loss mitigation practices and default servicing operations in response to Civil Investigative Demands received from the CFPB.

Shares of Flagstar Bancorp Inc declined from $18.50 per share on August 26,2014 to as low as $17.26 per share on August 29, 2014.

On August 29, 2014, NYSE:FBC shares closed $17.43 per share.

Those who purchased shares of Flagstar Bancorp Inc (NYSE:FBC) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com