The law firm Schall announces that it

LOS ANGELES, June 4, 2024 (GLOBE NEWSWIRE) — The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims of violations of the securities laws on behalf of investors in Axos Financial, Inc. (“Axos” or “the Company”) (NYSE: AX).

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose relevant information to investors. Axos is the subject of a June 4, 2024, report from Hindenburg Research. According to Hindenburg, “Our research, including industry analysis, interviews with 21 former employees, leasing agents and industry experts, and an examination of Axos’ loan portfolio from local real estate records, points to a company exposed to the riskiest asset classes, with lax lending standards, and whose loan portfolio is filled with numerous glaring problems.” The report also claims, “For as long as banks have existed, there have also been ‘too good to be true’ outliers claiming to have discovered a magic loan formula. In this case, we are supposed to believe that Axos selected only the best felons and problem borrowers and properties for lending, allowing it to gracefully navigate the imploding commercial real estate market. We disagree.”

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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You may also contact us through the firm’s website at www.schallfirm.com or by email at [email protected].

The Schall Law Firm represents investors throughout the world and specializes in securities class action litigation and shareholder rights litigation.

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CONTACT:

The Schall Law Firm
Brian Schall, Esq.
310-301-3335
[email protected]

www.schallfirm.com