AX Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Axos Financial, Inc. (NYSE: AX) Investors with Losses to Contact the Firm
RADNOR, Pa., June 12, 2024 (GLOBE NEWSWIRE) — The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Axos Financial, Inc. (NYSE: AX) (“Axos”).
On June 4, 2024, Hindenburg Research released a report about Axos highlighting serious concerns about Axos’ credit metrics, suggesting potential manipulation or distortion. Specifically, the report alleges that Axos is “exposed to the riskiest asset classes with lax underwriting standards and a loan book filled with multiple glaring problems.”
Following this report, Axos’ share price fell as much as 14% during intraday trading on June 4, 2024.
If you are an Axos investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: Jonathan Naji, Esq. (484) 270-1453 or E-mail at [email protected]. You can also click on the following link or paste it in your browser: https://www.ktmc.com/new-cases/axos-financial-inc?utm_source=PR&utm_medium=link&utm_campaign=ax&mktm=r
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
[email protected]
May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.
