INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Endurance International Group Holdings, Inc. To Contact The Firm Ahead Of Imminent Lead Plaintiff Deadline - EIGI

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Jun 26, 2015, 05:36 ET

NEW YORK, June 26, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, notifies investors in Endurance International Group Holdings, Inc. ("Endurance" or the "Company") (NASDAQ: EIGI) of the July 6, 2015 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against Endurance and certain executives.

A complaint has been filed in the District of Massachusetts on behalf of all persons who purchased Endurance securities from November 4, 2014 through April 27, 2015 (the "Class Period").

The complaint alleges that the Company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and prospects.

Specifically, the action alleges that during the Class Period, the Company made false and/or misleading statements and/or failed to disclose that (i) Endurance overstated its 2014 Average Revenue per Subscriber and organic growth rate and (ii) the Company had engaged in irregular accounting practices in connection with its international business.

On April 28, 2015, a report was published by Gotham City Research LLC alleging that 40-100% of Endurance's reported profits were suspect, the Company used related parties to inflate earnings, and that there were various accounting irregularities in connection with Endurance's international business, among other things.

Following this news, the price of the Company's stock declined by $2.24 per share, or over 10%, to close at $19.70 on April 28, 2015.

Request more information now by clicking here: www.faruqilaw.com/EIGI. There is no cost or obligation to you.

Take Action

If you invested in Endurance stock or options during the Class Period and would like to discuss your legal rights, visit www.faruqilaw.com/EIGI. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding the Company's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

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