AX - Axos Financial (AX) Faces Allegations of Concealing Risks and Unconventional Lending Practices – Hagens Berman | Benzinga

SAN FRANCISCO, June 17, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Axos Financial, Inc. (NYSE:AX) investors who suffered substantial losses to submit your losses now.

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Axos Financial Faces Allegations of Concealing Risks and Unconventional Lending Practices

In a recent investigation, activist short seller Hindenburg Research has turned its attention to Axos Financial, Inc. (NYSE:AX), a regional bank. The report alleges that Axos has deliberately hidden known risks related to its lending practices and the overall health of its loan portfolio.

Commercial Real Estate Exposure Raises Concerns

Hindenburg's detailed analysis reveals that Axos has significantly increased its exposure to commercial real estate (CRE) loans. Despite ...

AX) Faces Allegations of Concealing Risks and Unconventional Lending Practices – Hagens Berman>Full story available on Benzinga.com