NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. is investigating potential claims against Eagle Bancorp, Inc. (NASDAQ:EGBN). Our investigation concerns possible breaches of fiduciary duty by certain officers and directors of the Company.
On December 1, 2017, Aurelius Value published a report stating that it had uncovered evidence of an insider loan scheme involving Eagle Bancorp Chairman and Chief Executive Officer Ronald D. Paul and certain of the Company's Board members. The report stated, in part, that "insiders treat Eagle as their own private piggy bank." The report further stated that Eagle Bancorp insiders enrich themselves by carving out undisclosed special deals in which members of Eagle Bancorp's management personally benefit from customer relationships.
If you purchased or otherwise acquired Eagle Bancorp shares 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 investigations@bespc.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 Eagle Bancorp, Inc., please go to http://www.bespc.com/eaglebancorp. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
