SAN DIEGO, May 22, 2019 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in shares of Eventbrite, Inc. (NYSE: EB).

Investors, who purchased shares of Eventbrite, Inc. (NYSE: EB), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On September 19, 2018, Eventbrite, Inc went public at a price of $23 per share. Since then shares of Eventbrite, Inc. (NYSE: EB) declined to as low as $15.20 per share on May 2, 2019.

The plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that the Company’s migration of customers from Ticketfly to Eventbrite was progressing slower than expected, that that, as a result, the Ticketfly integration would take longer than expected, that, as a result, the Company’s revenue and growth would be negatively impacted, and that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.

Those who purchased Eventbrite, Inc. (NYSE: EB) shares should contact the Shareholders Foundation, Inc.

CONTACT:
Shareholders Foundation, Inc. 
Michael Daniels 
+1 (858) 779-1554 
mail@shareholdersfoundation.com 
3111 Camino Del Rio North 
Suite 423 
San Diego, CA 92108

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.