NEW YORK, March 31, 2017 /PRNewswire/ --Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at BofI Holding, Inc. ("BofI Holding" or the "Company") (NASDAQ: BOFI).
The investigation focuses on whether the Company and its executives violated federal securities laws. According to a New York Post article published before market open on March 31, 2017, federal agents are currently investigating possible money laundering charges against the Company.
Specifically, the article alleges that, in late 2015, a civil suit filed against the Company and its Chief Executive Officer claimed that the Company "filed call reports to hide loans made to foreign nationals without requiring them to provide a tax identification number — a form of ID that's used to root out money laundering." Furthermore, the article states that the current federal investigation is focused on regulatory filings made by the Company to the Office of the Comptroller of the Currency, alleging similar claims.
On this news, the Company's stock price declined, damaging investors.
Request more information now by clicking here: www.faruqilaw.com/BOFI. There is no cost or obligation to you.
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to email@example.com.
Faruqi & Faruqi, LLP also encourages anyone with information regarding BofI Holding's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
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Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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