The Securities and Exchange Commission has sent a notice to Eagle Bancorp Chief Financial Officer Charles Levingston signaling that it is planning to bring enforcement actions against him. The so-called Wells notice comes as the $11 billion-asset Bethesda, Maryland, company is nearing a settlement with the SEC and the Federal Reserve to resolve investigations first disclosed two years ago into the company's ties to former District of Columbia Councilman Jack Evans. Evans was accused of several ethics violations in 2019, in part for his dealings with Eagle Bancorp and its former CEO and co-founder Ron Paul. Evans was allegedly hired as a consultant by the bank and pushed local legislation that would move the district's funds into local banks like Eagle, while he owned shares in the company. There were also ethics concerns raised with Evans's former role as chairman of the board at the Washington Metropolitan Area Transit Authority, which was allegedly a customer of Eagle's at the time.