# SEC orders second Fair Fund disbursement to Eagle Bancorp investors

Attorney advertising. Brief by Lou Schwartz, Schwartz & Associates, PC, Atlanta, Georgia. Published 2026-09-30; updated 2026-09-30. Responsible attorney: Lou Schwartz. Canonical: https://www.snalawyers.com/insights/sec-orders-second-fair-fund-disbursement-to-eagle-bancorp-investors

The SEC issued an order on September 30, 2026 directing a second disbursement from the Eagle Bancorp, Inc. Fair Fund, which was created after the Commission's 2022 cease-and-desist order against the bank holding company over undisclosed related-party loans. The underlying order found Eagle Bancorp made material misstatements and omissions about related-party loans extended by its subsidiary EagleBank to trusts tied to its former chairman and CEO, and required disgorgement, prejudgment interest, and a civil penalty totaling over $13.3 million for distribution to harmed investors.

**Why it matters.** The order moves settlement funds closer to harmed investors, a step plaintiff-side firms track to confirm clients' recoveries from SEC enforcement actions are being paid out.

## Sources

1. [SEC Release No. 34-106555 (SEC.gov)](https://www.sec.gov/files/litigation/admin/2026/34-106555.pdf)
2. [SEC Eagle Bancorp Fair Fund distribution page](https://www.sec.gov/enforcement-litigation/distributions-for-harmed-investors/matter-eagle-bancorp-inc-admin-proc-file-no-3-20963)

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