Axos Financial, Inc.

june 5, 2024

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Principle Contacts

Laurence D. King

LKing@kaplanfox.com

AXOS FINANCIAL, INC. (NYSE: AX) ALERT: Kaplan Fox & Kilsheimer LLP Encourages Investors to Contact the Firm

Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Axos Financial, Inc. (“Axos” or the “Company”) (NYSE: AX).  Click here to join the investigation.

If you are an Axos investor and would like to discuss our investigation, please click here or contact us by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.

On June 4, 2024, Hindenburg Research published a report about Axos disclosing its short position.  Hindenburg Research states, among other things, that “Axos’ rosy-looking credit metrics show signs of manipulation or distortion.”  Further, according to the report, during Hindenburg Research’s investigation “[a] former Axos credit review officer detailed the practice of loan ‘evergreening,’ or providing loans to non-performing or doubtful borrowers to avoid recognizing problems” and former employees described “[s]imilar schemes, also known as ‘extend’ and ‘pretend’ . . . .”

Following this news, Axos shares fell $2.21 per share, or 4.2%. to close at $50.25 per share on June 4, 2024.

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If you have any questions about this investigation, please contact:

Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
E-mail: pmayer@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707
E-mail: lking@kaplanfox.com

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