An investigation on behalf of current long term investors in BofI Holding, Inc. (NASDAQ:BOFI) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NASDAQ:BOFI stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/16/2016 --An investigation for shareholders in shares of BofI Holding, Inc. (NASDAQ:BOFI) concerning potential breaches of fiduciary duties by certain BofI Holding directors was announced.

Investors who are current long term investors in BofI Holding, Inc. (NASDAQ:BOFI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ:BOFI stocks follows a lawsuit filed against BofI Holding, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ:BOFI stocks, concerns whether certain NASDAQ:BOFI officers and directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in California the plaintiff alleges that defendants allegedly made certain false and/or misleading statements and/or failed to disclose that BofI Holding, Inc's internal controls were frequently disregarded, that BofI Holding's Federal Bank's Bank of Internet USA's borrowers included foreign nationals who should have been off-limits under federal anti-money-laundering laws, that many BofI Holding's Federal Bank's Bank of Internet USA accounts lacked required tax identification numbers, that BofI Holding's Federal Bank's Bank of Internet USA fired an internal auditor who raised the foregoing issues to management and to federal regulators, and that as a result of the above, the Company's statements regarding its internal controls and other financial statements were materially false and misleading at all relevant times.

On October 14, 2015,it was reported that a federal lawsuit has been initiated against BofI Holding, Inc by its former auditor. According to the report, the former auditor claims he was fired after reporting alleged wrongdoing by BofI Holding, Inc to federal regulators.

On February 12, 2016, NASDAQ:BOFI shares closed at $14.55 per share.

Those who purchased shares of BofI Holding, Inc. (NASDAQ:BOFI) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com