Energy News / Shareholders Foundation, Inc.

NYSE:EB Long Term Investor Alert: Investigation of Potential Wrongdoing at Eventbrite, Inc.

Via: ReleaseWire

Updated 12:52 PM CDT, Fri, September 20,2019

An investigation on behalf of current long term investors in Eventbrite, Inc. (NYSE: EB) shares over possible breaches of fiduciary duty by certain officers and directors was announced.

San Diego, CA -- (SBWIRE) -- 09/20/2019 -- Certain directors of Eventbrite, Inc. are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Eventbrite, Inc. (NYSE: EB) shares, 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 for current long term investors in NYSE: EB stocks follows a lawsuit filed against Eventbrite, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: EB stocks, concerns whether certain Eventbrite directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that the defendants made false and/or misleading statements and/or failed to disclose that the Company's migration of customers from Ticketfly to Eventbrite was progressing slower than expected, that that, as a result, the Ticketfly integration would take longer than expected, that, as a result, the Company's revenue and growth would be negatively impacted, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Eventbrite, Inc. (NYSE: EB) 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

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.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyseeb-long-term-investor-alert-investigation-of-potential-wrongdoing-at-eventbrite-inc-1260538.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com