LOS ANGELES–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24EVER&src=ctag” target=”_blank”gt;$EVERlt;/agt; lt;a href=”https://twitter.com/hashtag/CLASSACTION?src=hash” target=”_blank”gt;#CLASSACTIONlt;/agt;–Glancy Prongay & Murray LLP (“GPM”) continues its investigation on
behalf of EverQuote, Inc. investors (“EverQuote” or the “Company”)
(NASDAQ: EVER)
concerning the Company and its officers’ possible violations of federal
securities laws.
If you are a shareholder who suffered a loss, click here to
participate.
If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected],
or visit our website at www.glancylaw.com.
On or about June 18, 2018, EverQuote 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. EverQuote’s first public earnings
report revealed that second quarter 2018 quote request volume had
worsened to a year-over-year growth rate of only 2.3%—down from 14.3%
touted in the IPO registration statement—and to a quarterly decline of
12%. Then, in November 2018, EverQuote revealed that quote request
volume had worsened to zero growth, causing the Company’s stock to drop
significantly.
If you purchased EverQuote securities, have information, or would like
to learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite
2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Contacts
Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy,
310-201-9150 or 888-773-9224
www.glancylaw.com
[email protected]
