Bank of the Internet (BOFI) Securities Fraud Lawsuit Plaintiffs Win Class Certification in 7-Year-Old Case
As reported by Law360, U.S. District Judge Gonzalo P. Curiel has granted certification to a class of investors represented by Lieff Cabraser who sued BofI federal bank in 2015 for alleged securities fraud which led to the company’s stock plummeting 47%. Investors in BofI, now known as Axos Bank, asserted that confidential witnesses would testify