San Diego, CA -- (SBWIRE) -- 01/11/2022 -- An investigation was announced concerning potential securities laws violations by Everbridge, Inc. in connection with certain financial statements.

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

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Everbridge, Inc. (NASDAQ: EVBG) concerning whether a series of statements by Everbridge, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Burlington, MA based Everbridge, Inc. operates as a software company in the United States and internationally. Everbridge, Inc. reported that its annual Total Revenue rose from $200.88 million in 2019 to $271.14 million in 2020, and that its Net Loss increased from $52.25 million in 2019 to $93.39 million in 2020.

On December 9, 2021, Everbridge, Inc. announced that Chief Executive David Meredith had immediately resigned. In addition to stepping down as CEO, Meredith is also giving up his seat on the Company's board of directors. Everbridge didn't provide any details regarding why Meredith is leaving the Company.

Shares of Everbridge, Inc. (NASDAQ: EVBG) declined from $122.78 per share on December 9, 2021, to $57.58 per share on December 10, 2021.

Those who purchased shares of Everbridge, Inc. (NASDAQ: EVBG) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.