An investigation for investors in EverQuote, Inc. (NASDAQ: EVER) shares over potential securities laws violations by EverQuote, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 02/13/2019 -- An investigation was announced over potential securities laws violations by EverQuote, Inc. and certain of its directors and officers in connection with certain financial statements.
Investors who purchased shares of EverQuote, Inc. (NASDAQ: EVER), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by EverQuote, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Cambridge, MA based EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. EverQuote, Inc reported that its annual Total Revenue rose from $122.77 million in 2016 to $126.24 million in 2017. On or about June 18, 2018, EverQuote, Inc sold 4.69 million shares of stock in its initial public stock offering (the "IPO"), at $18 a share raising $84,375,000 in new capital.
Shares of EverQuote, Inc. (NASDAQ: EVER) declined to as low as $4.05 per share in late December 2018.
Those who purchased shares of EverQuote, Inc. (NASDAQ: EVER) have certain options and should contact the Shareholders Foundation.
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com