Updated News For Getting Payment In Eagle Bancorp’s $13.7M Investor Settlement

Hey guys, I already posted about this settlement, but since we got some updates, I decided to post it again. It’s about the loan scandal they had a few years ago. For newbies: back in 2022, Eagle Bancorp was accused of failing to include undisclosed loans made to family trusts and other related parties in the balances between 2015 and 2018. After this news came out, $EGBN dropped, and investors filed a lawsuit against them. But now, after all this time, EGBN agreed to pay a $13.7M settlement to investors to resolve this situation through an SEC Fair Fund. And I just found out that even though the deadline has passed, [they are accepting late claims](https://11thestate.com/cases/eagle-bancorp-fair-fund). So if you were one of those damaged investors, you should definitely check it out. In other EGBN news, short interest in Eagle Bancorp Montana rose sharply in December. By December 15, it reached 16,400 shares, a 20.6% jump from November 30. With 17,500 shares traded daily, the short-interest ratio is now 0.9 days. We’ll see how this moves forward in the coming days. Anyways, has anyone here had $EGBN? If so, how much were your losses, or are you still holding on to it?