|Company name||Eventbrite, Inc.|
NEW YORK, March 12, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against Eventbrite, Inc. (NYSE: EB). Our investigation concerns whether Eventbrite has violated the federal securities laws and/or engaged in other unlawful business practices.
On September 19, 2018, the company went public at a price of $23 per share. In the Prospectus issued in relation to the offering, Eventbrite stated that its acquisition of Ticketfly “had a positive impact on our net revenue growth” in Q3 2017. On March 7, 2019, Eventbrite reported its annual financial results. In a related conference call, Eventbrite’s CEO and co-founder, Julia Hartz, stated that the strategy to integrate Ticketfly “will impact revenues in the short-term.”
On this news, Eventbrite’s share price fell by more than 24.6%, closing at $24.46 on March 8, 2019.
If you purchased or otherwise acquired Eventbrite 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 email@example.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.