Related Documents:
33-11092
16-Aug-2022
Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On August 16, 2022, the SEC instituted cease-and-desist proceedings against Eagle Bancorp, Inc., stating: "These proceedings concern material misstatements and omissions that Eagle, a
Bethesda, Maryland-based bank holding company, made about related party loans extended by
Eagle’s principal subsidiary, EagleBank, to family trusts affiliated with Ronald D. Paul (“Paul”),
Eagle’s former Chairman, CEO, and President, and to other related parties."
2022-146
16-Aug-2022
Press Release--Administrative Proceeding
SEC Charges Eagle Bancorp and Former CEO with Failing to Disclose Related Party Loans
The Commission charged: "Eagle Bancorp, Inc., based in Bethesda, Maryland, and its former Chief Executive Officer and Chairman of the Board, Ronald D. Paul, with negligently making false and misleading statements about related party loans extended by the bank to Paul's family trusts."
34-97517
17-May-2023
Administrative Proceeding
Order Appointing Tax Administrator
The Commission ordered that: "Heffler, Radetich & Saita, LLP is appointed as the Tax Administrator for the QSF."
34-97774
21-Jun-2023
Administrative Proceeding
Second Extension Order
The Commission ordered that: "the Division’s request for an extension of time until October 18, 2023 to submit a Proposed Plan of Distribution is granted."
34-98922
14-Nov-2023
Administrative Proceeding
Order Appointing Fund Administrator, Setting Administrator's Bond Amount, and Authorizing Payment of Fees and Expenses
The Commission ordered that: "A. JND is appointed as the Fund Administrator . . .; B. JND shall obtain a bond . . . in the amount of $13,781,709; C. the Fund Administrator will submit invoices to the Commission staff for services rendered . . .; and D. at the direction of an Assistant Director of the Office of Distributions, OFM is authorized to pay the Fund Administrator’s fees and expenses from the Fair Fund."
34-99465
05-Feb-2024
Administrative Proceeding
Notice of Proposed Plan of Distribution and Opportunity for Comment
The Commission stated: "Notice is hereby given . . . that the Division of Enforcement has submitted
to the Commission a Proposed Plan of Distribution (the "Proposed Plan") for the distribution of
monies collected in the above-captioned matter."
Proposed Plan of Distribution
The Commission stated: "The Division of Enforcement submits this Proposed Plan of Distribution (the
“Plan”) to the United States Securities and Exchange Commission (the “Commission”) . . . . This Plan provides for the distribution of a Fair
Fund (the “Fair Fund”), comprised of disgorgement, prejudgment interest, and civil money
penalties paid by Eagle Bancorp, Inc. (“Eagle” or the “Respondent”) in the above-captioned
matter."
34-99899
03-Apr-2024
Administrative Proceeding
Order Approving Plan of Distribution
The Commission ordered that "the Proposed Plan is approved, and the approved Plan of Distribution shall be posted simultaneously with this order on the Commission’s website at www.sec.gov."
Plan of Distribution
The Commission stated: "The Division of Enforcement submitted this Plan of Distribution (the “Plan”) to the United States Securities and Exchange Commission (the “Commission”) . . . This Plan provides for the distribution of a Fair Fund (the “Fair Fund”), comprised of disgorgement, prejudgment interest, and civil money penalties paid by Eagle Bancorp, Inc. (“Eagle” or the “Respondent”) in the above-captioned matter."
