Erhart

Erhart v. Bofi Holding Inc.

Good Law
United States District Court, Southern District of CaliforniaSeptember 28, 20233:15-cv-02287California5,495 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA

10 CHARLES MATTHEW ERHART, Case No. 15-cv-02287-BAS-NLS consolidated with

15-cv-02353-BAS-NLS Plaintiff,

ORDER GRANTING IN PART

13 v. AND DENYING IN PART PLAINTIFF’S MOTION FOR

BOFI HOLDING, INC., PREJUDGMENT INTEREST

(ECF No. 384) Defendant.

17 And Consolidated Case 19 In 2015, Defendant BofI Holding, Inc. terminated one of its internal bank auditors—Plaintiff Charles Matthew Erhart—after learning he reported information to the Government. Seven years later, after a winding legal journey, a jury found BofI violated the law and awarded Erhart $1.5 million. To make up for lost time, Erhart asks the Court to tack on $1.19 million in prejudgment interest. He applies an 8% interest rate with daily compounding to reach this number. BofI challenges Erhart’s request with a full suite of arguments, including that Erhart waived his…

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