FBR Capital analyst Bob Ramsey believes a document filed in a New Jersey Bankruptcy court relating to BofI Holding created confusion yesterday. The plaintiff, which technically is a trustee appointed by a division of the Department of Justice, is not a DOJ employee, yet some have misconstrued the lawsuit as an allegation by the DOJ against BofI, Ramsey told investors yesterday afternoon in a research note. The analyst considers this misleading. This type of allegation from a bankrupt debtor is not uncommon in a bankruptcy process for lenders, and the accusations are predominately aimed at Quick Bridge rather than Bofi, he contends. Ramsey recommends using yesterday's selloff in BofI shares as a buying opportunity. He keeps an Outperform rating on the stock.