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BofI Holding, Inc. Reporting Share Price Losses Following Bankruptcy Court Filing
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BofI Holding, Inc. Reporting Share Price Losses Following Bankruptcy Court Filing

BofI Holding, Inc. Reporting Share Price Losses Following Bankruptcy Court Filing

Fintech Nexus Staff·
News RoundupOnline Lending
·Mar. 30, 2017·1 min read

A bankruptcy court filing has caused the share price to drop for BofI however FBR is maintaining its outperform rating; BofI is a banking affiliate to online lender Quick Bridge who is the defendant in a court case in which a plaintiff in bankruptcy is seeking to annul its debt from the lender; the plaintiff is claiming the lending relationship violates state laws and that the loan is not valid.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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