Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, July 29, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Eagle Bancorp, Inc. ("Eagle" or the "Company") (NASDAQ: EGBN) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: firstname.lastname@example.org, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
Eagle issued a press release on July 21, 2021, which announced its financial and operating results for the second quarter of 2021. Eagle disclosed that in connection with a previously disclosed investigation by the U.S. Securities and Exchange Commission, Eagle's "Chief Financial Officer recently received a Wells Notice from the [SEC] Staff that the Staff has made a preliminary determination to recommend to the [SEC] enforcement actions against him."
On July 22, 2021, Eagle Bancorp's stock price fell $3.12 per share, or 5.58%, on this news, to close at $52.81 per share.
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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar