NEW YORK, Oct. 15, 2015 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether BofI Holding, Inc. ("BofI" or the "Company") (NASDAQ: BOFI) violated the federal securities laws. The investigation concerns whether BofI and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
BofI is the holding company for BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses, and selected specialty finance receivables.
On October 13, 2015, a former internal auditor of BofI filed a federal lawsuit, alleging that he was fired after revealing wrongdoing at the bank to management and federal regulators. Specifically, BofI stands accused of intentionally failing to provide timely information to regulators and otherwise purposefully disregarding its internal controls. On this news, BofI stock fell as much as $42.87, or 30.19%, to close at $99.13 on October 14, 2015.
If you are interested in discussing your rights as a BofI shareholder, and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or [email protected].
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3.5 billion for its clients. The National Law Journal has recognized Bernstein Liebhard for twelve consecutive years as one of the top plaintiffs' firms in the country.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2015 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
[email protected]
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SOURCE Bernstein Liebhard LLP
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