Cases
Eagle Bancorp, Inc. (NASDAQ: EGBN)
Securities Class Action
Overview
Overview
- Date:
- 4/30/2018
- Company Name:
- Eagle Bancorp, Inc.
- Stock Symbol:
- EGBN
- Status:
- Closed/Complete
NEW YORK, April 30, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Eagle Bancorp, Inc. (NASDAQ: EGBN). Our investigation concerns possible breaches of fiduciary duty by certain officers and directors of the Company.
On December 1, 2017, Aurelius Value published a report stating that it had uncovered evidence of an insider loan scheme involving Eagle Bancorp Chairman and Chief Executive Officer Ronald D. Paul and certain of the Company's Board members. The report stated, in part, that "insiders treat Eagle as their own private piggy bank." The report further stated that Eagle Bancorp insiders enrich themselves by carving out undisclosed special deals in which members of Eagle Bancorp's management personally benefit from customer relationships.
If you purchased or otherwise acquired Eagle Bancorp shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
On December 1, 2017, Aurelius Value published a report stating that it had uncovered evidence of an insider loan scheme involving Eagle Bancorp Chairman and Chief Executive Officer Ronald D. Paul and certain of the Company's Board members. The report stated, in part, that "insiders treat Eagle as their own private piggy bank." The report further stated that Eagle Bancorp insiders enrich themselves by carving out undisclosed special deals in which members of Eagle Bancorp's management personally benefit from customer relationships.
If you purchased or otherwise acquired Eagle Bancorp shares and suffered a loss, continue to hold shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.