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eGain Corporation (NASDAQ: EGAN) Investor Investigation Over Potential Wrongdoing

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

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
eGain Corporation
Security
NASDAQ: EGAN

Summary

An investigation on behalf of investors in shares of eGain Corporation (NASDAQ: EGAN) was announced over potential breaches of fiduciary duties by certain officers and directors at eGain Corporation.

The investigation by a law firm concerns whether certain eGain officers and 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.

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