Energy News / Shareholders Foundation, Inc.

NASDAQ: EGAN Investor Notice: Investigation over Potential Wrongdoing at eGain Corporation

Via: ReleaseWire

Updated 1:43 PM CDT, Fri, July 27,2018

An investigation on behalf of investors in eGain Corporation (NASDAQ: EGAN) shares over potential wrongdoing at eGain Corporation was announced and NASDAQ: EGAN stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 07/27/2018 -- An investigation was announced for investors in shares of eGain Corporation (NASDAQ: EGAN) concerning potential breaches of fiduciary duties by certain directors at eGain Corporation .

Investors who purchased shares of eGain Corporation (NASDAQ: EGAN) 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 concerns whether certain eGain directors breached their fiduciary duties and caused damage to the company and its shareholders.

Sunnyvale, CA based eGain Corporation provides cloud-based customer engagement software solutions worldwide. eGain Corporation (NASDAQ: EGAN) reported that its Total Revenue declined from $69.37 million for the 12 months period that ended on June 30, 2016 to $58.21 million for the 12 months period that ended on June 30, 2017 and that its Net Loss for those respective time periods declined from $6.24 million to $6.02 million.

Shares of eGain Corporation (NASDAQ: EGAN) grew from $1.65 per share in April 2017 to as high as $18.25 per share in early July 2018.

On July 26, 2018, NASDAQ: EGAN shares closed at $15.15 per share.

Those who purchased shares of eGain Corporation (NASDAQ: EGAN), have certain options and should contact the Shareholders Foundation.

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

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaq-egan-investor-notice-investigation-over-potential-wrongdoing-at-egain-corporation-1019897.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com