Levi & Korsinsky LLP announces the commencement of a class action lawsuit in the United States District Court for the Southern District of California on behalf of shareholders of BofI Holding, Inc. (NasdaqGS: BOFI) who purchased shares between September 4, 2013 and October 13, 2015.
According to the complaint, defendants made false and/or misleading statements and/or failed to disclose that: (1) BofI’s internal controls were frequently disregarded; (2) BofI’s borrowers included foreign nationals who should have been off-limits under federal anti-money-laundering laws; (3) many BofI accounts lacked required tax identification numbers; (4) BofI fired an internal auditor who raised these issues to management and to federal regulators; and (5) as a result of the above, BofI’s statements regarding its internal controls and other financial statements were materially false and misleading at all relevant times. If you suffered a loss in BofI Holding you have until December 14, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
To receive more information, please fill out the form.