NEW YORK, April 16, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Enterprise Financial Services Corp. ("Enterprise Financial" or the "Company") (NASDAQ: EFSC).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) Enterprise Financial was incorrectly recording income on loans covered under loss share agreements with the Federal Deposit Insurance Corporation; (2) the Company's income was overstated; (3) the Company's financial results were not prepared in accordance with Generally Accepted Accounting Principles; and (4) the Company lacked adequate internal and financial controls.
Take Action If you purchased Enterprise Financial securities between April 20, 2010 and January 25, 2012 and would like to discuss your legal rights, visit www.faruqilaw.com/EFSC. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected] or [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Enterprise Financial's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.
FARUQI & FARUQI, LLP 369 Lexington Avenue, 10th Floor New York, NY 10017 Attn: Richard Gonnello, Esq. [email protected] Francis McConville, Esq. [email protected] Telephone: (877) 247-4292 or (212) 983-9330