An investor, who purchased shares of BofI Holding, Inc. (NASDAQ:BOFI), filed a lawsuit in the U.S. District Court for the Southern District of California over alleged violations of Federal Securities Laws by BofI Holding, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of BofI Holding, Inc. (NASDAQ:BOFI) have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 – 1554.
The plaintiff claims that between April 28, 2016 and March 30, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that BofI Holding, Inc was engaged in unlawful conduct, that the foregoing conduct, when it became known, would subject the Company to heightened regulatory scrutiny and potential criminal sanctions;, and that as a result, BofI Holding, Inc’s public statements were materially false and misleading at all relevant times.
On March 31, 2017, a report was issued claiming that “federal agents are conducting a probe into possible money laundering at online lender Bank of Internet.” The report mentions that both the Securities and Exchange Commission and Treasury Department are involved in the investigation, which revolves around regulatory filings submitted by BofI Holding, Inc to the Office of the Comptroller of the Currency.
Those who purchased shares of BofI Holding, Inc. (NASDAQ:BOFI) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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