Axos Wins $40M In Trade Secrets Case Against Calif. Rival

By Theresa Schliep · August 4, 2025, 9:22 PM EDT

A California federal court has ordered Nano Banc and several former employees and executives to pay $40 million to rival Axos Bank after they were found liable for trade secret misappropriation...

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Documents

Case Information

Case Title

Axos Bank v. Nano Banc et al

Case Number

5:19-cv-02092

Court

California Central

Nature of Suit

Other Statutory Actions

Date Filed

October 31, 2019