Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of investors of Endurance International Group Holdings, Inc. (“EIGI” or the “Company”) (NASDAQ:EIGI) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning EIGI’s business and financial prospects.
Please contact Lesley Portnoy at (888) 773-9224 or (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
EIGI, together with its subsidiaries, provides cloud-based platform solutions for small- and medium-sized businesses worldwide. Specifically, the investigation relates to a April 28, 2015 article issued by Gotham City Research that disclosed, among other things, that: (1) 40%-100%+ of EIGI’s reported profits are suspect; (2) the Company’s organic growth was overstated; and (3) the Company’s revenues per Indian filings are 30%-67% lower than reported in the United States. On this news, shares of EIGI fell $4.94 per share, or more than 22%, in intraday trading on April 28, 2015.
If you purchased EIGI shares, if you have information, or would like to learn more about these claims and have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by toll-free telephone at (888) 773-9224 or by telephone at (310) 201-9150, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts:
Lesley Portnoy
(888)
773-9224
(310) 201-9150
shareholders@glancylaw.com
www.glancylaw.com
