Magyar Bancorp Inc
For the period ended Sep 30, 2024. Filed Dec 19, 2024.
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FY2024 · Filed Dec 19, 2024
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Item 3. Legal Proceedings
| ITEM 3. | Legal Proceedings |
In the ordinary course of business, we are a party to various legal actions which are incidental to the operation of our business. Although the ultimate outcome and amount of liability, if any, with respect to these legal actions cannot presently be ascertained with certainty, in the opinion of management, based upon information currently available to us, any resulting liability as of September 30, 2024 is believed to be immaterial to our consolidated financial position, results of operations and cash flows.
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