NEW YORK, Oct. 16, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against Hannon Armstrong Sustainable Infrastructure Capital, Inc. BEGINNING and Flagstar Bancorp, Inc. FBC. Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided.

Hannon Armstrong Sustainable Infrastructure Capital, Inc. BEGINNING

On October 5, 2022, Muddy Waters director Carson Block claimed in the Financial Times that Hannon’s accounting “is so complex and misleading that its financial statements are virtually meaningless” and that the company “is a prime example of how public sector incentives market can tempt a company to relentlessly destroy value to feed a Wall Street growth narrative.”

As a result of this news, Hannon’s stock price fell $2.35 per share, or 7.43%, to close at $29.28 per share on October 5, 2022.

For more information on the Hannon exam, visit: https://bespc.com/cases/HASI

Flagstar Bancorp, Inc. FBC

On or about October 6, 2022, media reported that the Justice Department may be considering a lawsuit against Flagstar over allegations of racial discrimination.

As a result of this news, Flagstar’s stock price fell $1.78 per share, or 5.02%, to close at $33.70 per share on October 6, 2022.

For more information on the Flagstar investigation, visit: https://bespc.com/cases/FBC

About Bragar Eagle & Squire, PC:

Bragar Eagel & Squire, PC is a nationally recognized law firm with offices in New York, California and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivatives and other complex litigation in state and federal courts across the country. More information about the company can be found at www.bespc.com. attorney advertising. Previous results do not guarantee similar results.

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