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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Eagle Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

Business Wire - Tue Jul 27, 2021

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Eagle Bancorp, Inc. (“Eagle Bancorp” or “the Company”) (NASDAQ: EGBN) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Eagle Bancorp announced its financial and operating results for the second quarter of 2021 on July 21, 2021. In its press release, the Company disclosed that its “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.” The Wells Notice is in relation to a previously disclosed investigation. Based on this news, shares of Eagle Bancorp fell by 5% on July 22, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Provided Content: Content provided by Business Wire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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