/FROM PR NEWSWIRE
1/8STK 3/8 NASDAQ-NMS:EFSC
1/8IN 3/8 FIN
1/8SU 3/8
— WITH PHOTO — TO BUSINESS, AND LEGAL AFFAIRS EDITORS:
Harwood Feffer LLP Announces That a Securities Class Action Lawsuit
(http://www.hfesq.com) announces that a class action suit was filed in the
against
"Company") (NASDAQ: EFSC), Case No. 12-cv-00637, on behalf of
purchasers of Enterprise stock between
2012 (the "Class Period").
(Logo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO )
The complaint alleges that throughout the Class Period defendants made
false and/or misleading statements and/or failed to disclose material
adverse facts about Enterprise's business, operations and prospects.
Specifically, defendants misrepresented and/or failed to disclose
that: (i) the Company was improperly recording income on loans covered
under loss share agreements with the
Corporation; (ii) this caused the Company's income to be overstated;
(iii) the Company's financial results were not prepared in accordance
with Generally Accepted Accounting Principles; (iv) the Company lacked
adequate internal and financial controls; and (v), as a result, the
Company's financial statements were materially false and misleading
during the class period.
On
Form 10-K for 2010 and its Forms 10-Q for the first three quarters of
2010 and 2011, should no longer be relied upon. As a result of this
news, shares of Enterprise declined
close on
If you purchased Enterprise shares during the Class Period and
sustained large losses, you may ask the Court to appoint you lead
plaintiff for the class. Additionally, current holders of Enterprise
shares purchased at any time may have a claim. If you wish to discuss
this matter with us, or have any questions concerning your rights and
interests with regard to this matter, please contact:
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
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
(http://www.hfesq.com) for more information about the firm.
responsible for this advertisement is
(http://www.hfesq.com). Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
SOURCE
-0-
/Photo: http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
PRN Photo Desk, photodesk@prnewswire.com
/Web Site: http://www.hfesq.com
(NASDAQ-NMS:EFSC) /
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| Copyright: | (c) 2012 The Associated Press |
| Source: | Associated Press |
| Wordcount: | 484 |
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