Bragar Eagel & Squire, P.C. is investigating potential claims against Eagle Bancorp, Inc. (NASDAQ: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 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, Inc., please go to http://www.bespc.com/EGBN. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.