ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Axos Financial, Inc. Investors to Inquire About Securities Class Action Investigation – AX

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Axos Financial, Inc. due to allegations of materially misleading business information [1] Group 1: Investigation and Allegations - Hindenburg Research released a report on June 4, 2024, highlighting significant issues with Axos Financial's commercial real estate loans and lax underwriting standards, indicating exposure to high-risk asset classes [2] - The report was based on interviews with 21 former employees and industry experts, as well as an examination of Axos' loan book [2] - Following the report, Axos Financial's stock price dropped by $2.21, or 4.2%, closing at $50.25 per share on the same day [2] Group 2: Class Action Information - Investors who purchased Axos Financial securities may be eligible for compensation through a class action lawsuit without any out-of-pocket fees [1] - The Rosen Law Firm is preparing a class action to seek recovery of investor losses [1] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked highly for securities class action settlements [3] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [3]