BofI Holding, Inc. Addresses Media Reports

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Bofl Holding (BOFI) Comments on NY Times Piece; Says News is 'Old, Baseless'

October 15, 2015 8:34 AM EDT

Bofl Holding (Nasdaq: BOFI) held a conference call yesterday to address specific questions raised by a recently filed lawsuit and related New York Times article.

"The complaint recycles old, baseless and factually inaccurate allegations from a junior audit team member no longer employed at the Bank. Having shopped his allegations to a variety of regulatory agencies who have taken no action, Mr. Erhart decided to file this meritless lawsuit," stated Greg Garrabrants, President and Chief Executive... More