NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Axos Financial, Inc. ("Axos" or the "Company") (NYSE:AX) on behalf of Axos stockholders. Our investigation concerns whether Axos has violated the federal securities laws and/or engaged in other unlawful business practices.
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On June 4, 2024, Hindenburg Research released a report about Axos. This report raised serious concerns about Axos' credit metrics, suggesting potential manipulation or distortion, particularly highlighting that the disclosed loan-to-value (LTV) ratios in commercial real ...