BOFI Investor Alert: Kessler Topaz Meltzer & Check, LLP Reminds BofI Holding, Inc. Shareholders of Important Lead Plaintiff Deadline - BOFI

RADNOR, Pa., Nov. 17, 2015

Important Shareholder Reminder: BofI shareholders who purchased their securities during the Class Period are reminded that they may, no later than December 14, 2015, petition the Court to be appointed as a lead plaintiff of the class. 

BofI shareholders who wish to discuss this action and their legal options are encouraged to contact Kessler Topaz Meltzer & Check, LLP (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 – 7706 or at info@ktmc.com.

As detailed more fully in the Complaint, on October 13, 2015, The New York Times reported that Matt Erhart ("Erhart"), a former internal auditor at Bank of Internet, filed a lawsuit against the Company alleging that it violated federal laws designed to protect whistleblowers (the "Erhart Complaint").  The Erhart Complaint alleged, among other things, that (i) Bank of Internet's borrowers "included foreign nationals who should have been off-limits under the federal anti-money-laundering laws," (ii) Bank of Internet "at times failed to provide full and timely information to regulators," and (iii) Erhart "was fired after he revealed wrongdoing at Bank of Internet to management and regulators."

On this news, shares of BofI's common stock declined $42.87 per share, or 30.2%, to close on October 14, 2015 at $99.13 per share, on heavy trading volume.

If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check (Darren J. Check, Esq., D. Seamus Kaskela, Esq. or Adrienne O. Bell, Esq.) at (888) 299 – 7706 or (610) 667 – 7706, or via e-mail at info@ktmc.com 

BofI shareholders who purchased their securities during the Class Period are reminded that they may, no later than December 14, 2015, petition the Court to be appointed as a lead plaintiff of the class.