BENSALEM, Pa., March 18, 2019 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith announces an investigation on behalf of Eventbrite, Inc. investors (“Eventbrite” or the “Company”) (NYSE: EB) concerning the Company and its officers’ possible violations of federal securities laws.
On September 19, 2018, Evenbrite sold shares in its initial public offering (“IPO”) at $23 per share. Eventbrite stated that its acquisition of Ticketfly “had a positive impact on our net revenue growth” in the third quarter of 2017. On March 7, 2019, Eventbrite reported its annual financial results, and in a related conference call, Eventbrite’s CEO and co-founder, Julia Hartz, stated that the strategy to integrate Ticketfly “will impact revenues in the short-term.” On this news, shares of Eventbrite fell over 24%, to close at $24.46 on March 8, 2019, thereby injuring investors.
If you purchased Eventbrite 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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com