Recent Securities Litigations

Eagle Bancorp Inc. Common Stock (NASDAQ: EGBN)

Company Name:Eagle Bancorp Inc. Common Stock
Stock Symbol:NASDAQ: EGBN
Class Period Start:03/02/2015
Class Period End (inclusive):07/17/2019

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.