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

2021-10-04T22:45:45+00:00August 24th, 2021|Securities Fraud|

Lieff Cabraser Files Amicus Brief in U.S. Supreme Court Supporting the SEC’s Ability to Seek Disgorgement of Gains from Securities Law Violations in Federal Court

Lieff Cabraser today filed an amicus brief in the U.S. Supreme Court arguing for the importance of the ability of the Securities and Exchange Commission to continue to seek disgorgement of the gains from securities law violations in federal court in order to effectively deter securities fraud and promote the public policies that form the

2020-01-22T08:17:51+00:00January 22nd, 2020|Amicus, Securities Fraud|