30 Apr, 2015, 02:28 ET
NEW YORK, April 30, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Endurance International Group Holdings, Inc. ("Endurance" or the "Company") (NASDAQ: EIGI), concerning whether the board has breached its fiduciary duties to shareholders.
On April 28, 2015, a research firm called Gotham City Research issued a report titled: "Endurance International Group: A Web of Deceit." Among other things, the report alleges that over 40% of the Company's profits are "suspect," organic growth is overstated, and that certain numbers reported in the Company's most recent Form 10-K contain errors and "do not add up." The report goes on to say that Endurance is worth $0 per share.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Endurance shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Email: [email protected]
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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