NEW YORK, Oct. 14, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of BofI Holding, Inc. ("BofI" or the "Company") (NASDAQ: BOFI), concerning whether the board has breached its fiduciary duties to shareholders.
On October 13, 2015, a former internal auditor at the BofI filed a lawsuit alleging that he was fired for exposing corporate and regulatory misdeeds. Media reports have stated that the Company stands accused of intentionally failing to provide timely information to regulators and otherwise purposefully avoiding its internal controls.
On this news, BofI stock is down over 26%.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own BofI shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP