SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson & Weaver, LLP has commenced an investigation into whether certain officers and directors of Endurance International Group Holdings, Inc. (NASDAQ:EIGI) violated state or federal laws. Endurance provides cloud-based platform solutions for small-and medium-sized businesses worldwide.
On April 28, 2015, Gotham City Research, LLC issued a report titled “Endurance International Group: A Web of Deceit”. In this research article, Gotham stated that Endurance has misled investors by making numerous misrepresentations relating to its revenue, growth, and future prospects. Gotham also stated that “Endurance Hosts an Entity U.A.E. has designated as a Terrorist Organization”. In mid-day trading on April 28, 2015, the stock is down over 27% at $15.93.
Johnson & Weaver’s investigation will seek to determine whether shareholders were harmed by fraud and deception as Gotham claims.
If you have information that could assist in this investigation, or if you are a Endurance shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or by phone at 619-814-4471.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
