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EverQuote, Inc. (NASDAQ: EVER) Investor Investigation over possible Violations of Securities Laws

  • If you purchased shares of EverQuote, Inc. (NASDAQ: EVER), you have certain options and you 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
EverQuote, Inc.
Security
NASDAQ: EVER

Summary

An investigation on behalf of investors of EverQuote, Inc. (NASDAQ: EVER) shares over potential securities laws violations by EverQuote, Inc. and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of EverQuote, Inc. (NASDAQ: EVER) concerning whether a series of statements by EverQuote, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Cambridge, MA based EverQuote, Inc. operates an online marketplace for insurance shopping in the United States. EverQuote, Inc reported that its annual Total Revenue rose from $122.77 million in 2016 to $126.24 million in 2017. On or about June 18, 2018, EverQuote, Inc sold 4.69 million shares of stock in its initial public stock offering (the 'IPO'), at $18 a share raising $84,375,000 in new capital.

Shares of EverQuote, Inc. (NASDAQ: EVER) declined to as low as $4.05 per share in late December 2018.

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