NEW YORK, March 21, 2017 /PRNewswire/ -- Levi & Korsinsky announces it has commenced an investigation of Envestnet Inc. (NYSE: ENV) concerning possible violations of federal securities laws. On March 2, 2017, Envestnet filed to delay its annual report for 2016, stating that the Company had identified control deficiencies that represent material weaknesses in its control over financial reporting. On this news, Envestnet's share price fell as much as $3.05, or 7.64%, during intraday trading on March 2, 2017. To obtain additional information, go to:

http://zlk.9nl.com/envestnet-env

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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SOURCE Levi & Korsinsky, LLP