NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against Global Eagle Entertainment Inc. (NASDAQ:ENT) concerning possible violations of the federal securities laws.
On February 21, 2017, Global Eagle announced that CEO Dave Davis and CFO Tom Severson both resigned effective February 20, 2017. The Company further disclosed that it expects a late filing of its 2016 annual report and a lowered 2016 financial guidance.
Following this news, Global Eagle shares declined $1.74 per share, or over 27.9%, on February 21, 2017, to close at $4.48.
If you purchased or otherwise acquired Global Eagle securities and suffered a loss, 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 J. Brandon Walker, Esq. by email at email@example.com, 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 Global Eagle, please go to www.bespc.com/ent. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.