EQUITY ALERT: Khang & Khang LLP Announces Securities Class Action Lawsuit against BofI Holding, Inc. and Encourages Investors with Losses to Contact the Firm

IRVINE, Calif., April 28, 2017 /PRNewswire/ -- Khang & Khang LLP (the "Firm") announces the filing of a class action lawsuit against BofI Holding, Inc. ("BofI Holding" or the "Company") (Nasdaq: BOFI). Investors who purchased or otherwise acquired shares between April 28, 2016 and March 30, 2017, inclusive (the "Class Period"), are encouraged to contact the Firm in advance of the June 2, 2017 lead plaintiff motion deadline.

If you purchased BofI shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at [email protected].

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The Complaint alleges that during the Class Period, BofI made false and/or misleading statements and/or failed to disclose that it was engaged in unlawful conduct which could subject the Company to heightened regulatory scrutiny and potential criminal sanctions; and that as a result, BofI's public statements were materially false and misleading at all relevant times. On March 31, 2017, the New York Post published an article pre-market disclosing that BofI was the subject of a probe for possible money laundering, led by the Justice Department and involving the Securities & Exchange Commission and the Treasury Department. Upon release of this news, BofI's stock price dropped materially, which harmed investors according to the Complaint.

If you wish to learn more about this lawsuit, or if you have questions about this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at [email protected].

This press release may constitute Attorney Advertising in some jurisdictions.

Contact

Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
[email protected]

SOURCE Khang & Khang LLP