Eagle Bancorp, Inc. Securities Litigation

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Lawsuit Overview

Defendant:Eagle Bancorp, Inc.
Date Filed:July 24th, 2019
Sector:Finance
Industry:Major Banks

According to the Complaint, Eagle Bancorp operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Eagle Bancorp's internal controls and procedures and compliance policies were inadequate; (ii) the foregoing shortcoming created a foreseeable risk of heightened regulatory scrutiny and the need for the Company undertake its own internal investigations; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.

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First Identified Complaint

Shiva Stein, et al. v. Eagle Bancorp, Inc., et al.

Date Filed:July 24th, 2019
Class Period Start:March 2nd, 2015
Class Period End:July 17th, 2019
First Identified Complaint Filings
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