Pawar Law Group Reminds Investors of September 23 Deadline in Securities Class Action Lawsuit Against Eagle Bancorp, Inc. - EGBN
NEW YORK, NY / ACCESSWIRE / September 19, 2019 / Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Eagle Bancorp, Inc. (EGBN) from March 2, 2015 through July 17, 2019, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Eagle investors under the federal securities laws.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Eagle's internal controls and procedures and compliance policies were inadequate; (2) the foregoing shortcoming created a foreseeable risk of heightened regulatory scrutiny and the need for Eagle to undertake its own internal investigations; and (3) as a result, Eagle's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 23, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/eagle-bancorp-inc/ or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll free at 888-589-9804 or via e-mail at info@pawarlawgroup.com.
No class has been certified. Until a class is certified, you are not represented by counsel unless you hire one. You may hire counsel of your choice. You may also do nothing at this time and be an absent member of the class. Your ability to share in any future recovery is not dependent upon being a lead plaintiff. Attorney advertising.
Pawar Law Group represents investors from around the world.
Contact:
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (917) 261-2277
Fax: (212) 571-0938
info@pawarlawgroup.com
SOURCE: Pawar Law Group
View source version on accesswire.com:
https://www.accesswire.com/560291/Pawar-Law-Group-Reminds-Investors-of-September-23-Deadline-in-Securities-Class-Action-Lawsuit-Against-Eagle-Bancorp-Inc--EGBN
