The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired
securities of BofI Holding, Inc. (“BofI Holding”) (NasdaqGS:
BOFI) between September 4, 2013 and October 13,
2015.
You are hereby notified that a securities class action lawsuit
has been commenced in the USDC for the Southern District of California.
To get more information go to:
http://zlk.9nl.com/bofi-holding
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.
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) and BofI fired an internal auditor who
raised these issues to management and to federal regulators.
On October 13, 2015, a former internal auditor of Bank of Internet filed
a federal lawsuit alleging that he was fired after revealing wrongdoing
at the bank to management and federal regulators. As a result of this
news, shares of BofI have fallen from a close of $142.54 per share on
October 12, 2015, to a recent close of just $118.36 per share on October
15, 2015.
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.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior results
do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151202006377/en/
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