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Eagle Bancorp, Inc. (EGBN)

Securities Class Action

Overview
  • Date:
  • 12/5/2017
  • Company Name:
  • Eagle Bancorp, Inc.
  • Stock Symbol:
  • EGBN
  • Status:
  • Closed/Complete

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NEW YORK, December 5, 2017 - Bragar Eagel & Squire, P.C. is investigating potential claims against Eagle Bancorp, Inc. (NYSE: EGBN).  Our investigation concerns whether Eagle Bancorp has violated the federal securities laws and/or engaged in other unlawful business practices.

On December 1, 2017, Aurelius value published an article purporting to have uncovered evidence of an insider loan scheme involving the CEO and certain Board Members of Eagle Bancorp. The article claimed that insiders treat Eagle as their own private piggy bank.

Following this news, the stock price of Eagle Bancorp fell $16.20 per share, or 24.4%, to close at $49.95 per share on December 1, 2017.

If you purchased or otherwise acquired shares of Eagle 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 Brandon Walker or 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.

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