Glancy Binkow & Goldberg LLP Announces Investigation of Enterprise Financial Services Corp.

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of purchasers of the securities of Enterprise Financial Services Corp. (“Enterprise Financial” or the “Company”) (NASDAQ:EFSC) concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by Enterprise Financial regarding the Company’s financial performance were false and misleading. Enterprise Financial operates as the holding company for Missouri-based Enterprise Bank & Trust, which provides banking and wealth management services to individuals and businesses.

The investigation is related to the Company’s January 25, 2012 announcement that the financial statements included in its Annual Report on Form 10-K as of and for the year ended December 31, 2010, and the interim financial statements included in its Quarterly Reports on Form 10-Q as of and for each of the periods ended March 31, June 30, and September 30, for 2010 and 2011, respectively, should no longer be relied upon. The Company stated that it discovered an error in its process used to record income on loans covered under loss share agreements with the Federal Deposit Insurance Corporation (FDIC) during the foregoing periods, and as a result the Company overstated income during these periods.

If you purchased Enterprise Financial securities, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, by telephone at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Enterprise Financial Ser... (NASDAQ:EFSC)
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