Enterprise Financial Services Corp (NASDAQ:EFSC) Investor Alert: Investigation over possible Violations of Securities Laws

An investigation for investors in C Enterprise Financial Services Corp (NASDAQ:EFSC) shares over potential securities laws violations was announced and NASDAQ:EFSC stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

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San Diego, CA -- (SBWire) -- 06/04/2013 --An investigation on behalf of investors of Enterprise Financial Services Corp (NASDAQ:EFSC) shares over potential securities laws violations by Enterprise Financial Services Corp and certain of its directors and officers in connection certain financial statements was announced .

Investors who are current long-term stockholders in shares of Enterprise Financial Services Corp (NASDAQ:EFSC), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Enterprise Financial Services Corp (NASDAQ:EFSC) concerning whether a series of statements regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Enterprise Financial Services Corp reported that its Net Loss of $47.95 million in 2009 turned into a Net Income of $25.10 million in 2012.

Shares of Enterprise Financial Services Corp grew from $7.59 per share in late 2009 to as high as $15.91 per share in November 2011.

On January 25, 2012, Enterprise Financial Services Corp said that it discovered an accounting error that resulted in an inadvertent overstatement of income on loans covered by FDIC loss share agreements for the year ended December 31, 2010 and for the first three quarters of 2011 and 2010.

NASDAQ:EFSC declined from over $15 on Jan. 20, 2012 to as low as $10.29 in June 2012.

Those who are a current long-term investors in shares of Enterprise Financial Services Corp (NASDAQ:EFSC) have certain options and you should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Trevor Allen
General Manager
Shareholders Foundation, Inc.
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/260821