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Wednesday, April 22, 2026

BofI Told to Pay Whistleblowing Auditor Nearly $4.1 Million - Bloomberg Law

Ample evidence supported the jury’s conclusion that BofI Holding Inc. fired an auditor as retaliation for his whistleblowing activities and then defamed him in a statement to investors, a federal trial court said.

The jury’s award of $1.5 million in damages to Charles Erhart was supported by the record, he was also entitled to $2.4 million in attorneys’ fees, and roughly $170,000 in prejudgment interest, Judge Cynthia Bashant, of the US District Court for the Southern District of California, said in a trio of orders issued Thursday.

Erhart presented evidence that he was fired after contacting federal regulators and putting ...

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