NEW YORK, July 19, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. is investigating potential claims against Eagle Bancorp (EGBN) on behalf of Eagle Bancorp investors. Our investigation concerns whether Eagle Bancorp has violated the federal securities laws and/or engaged in other unlawful business practices.
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On July 17, 2019, Eagle Bancorp disclosed rising legal costs stemming from ongoing government investigations of “certain related-party transactions, retirement of former officers and directors, and the relationship between a local public official and the company, and its former officers and directors.”
On this news, Eagle Bancorp’s stock price fell $14.30 per share, or 26.75%, to close at $39.15 per share on July 18, 2019.
If you purchased or otherwise acquired Eagle Bancorp 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 firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation into Eagle Bancorp, please go to https://bespc.com/EGBN. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.